The latest reading on the Fed's preferred inflation gauge comes just two days after the central bank paused its interest rate cutting cycle.
An inflation gauge closely watched by the Federal Reserve rose slightly last month, the latest sign that some consumer prices remain stubbornly elevated, even as inflation is cooling in fits and ...
Trump said Powell and the Fed "failed to stop the problem they created with inflation" in a post on Truth Social on Wednesday ...
Surging stock prices have fueled consumer spending, which has boosted economic growth. A market selloff could put a lid on ...
The latest reading of the Federal Reserve's preferred inflation gauge showed prices increased in line with expectations in ...