Central bankers were widely expected to leave borrowing costs at a level between 5.25 and 5.5 percent, the highest in 23 ...
A measure of inflation closely tracked by the Federal Reserve remained uncomfortably high in March, likely reinforcing the ...
"The hot inflation readings through March should write off any rate cuts in the first half of 2024," said Nationwide Senior ...
Fed policymakers seemed intent on paring back rates as price gains slowed. Otherwise, high rates could excessively constrain ...
The Fed's warier outlook stems from three months of data that pointed to chronic inflation pressures and robust consumer ...
Prices for food, rent, gas and other necessities are running roughly 20 percent to 30 percent higher than they were four ...
The headline index, meanwhile, quickened to an annual rate of 2.7%, matching Wall Street's forecasts but rising from the 2.5% ...
The core personal consumption expenditures index, which measures year-over-year changes in how much Americans actually spend ...
A measure of inflation closely tracked by the Federal Reserve remained uncomfortably high in March, likely reinforcing the Fed’s reluctance to cut interest rates anytime soon and underscoring a burden ...
Don't expect the inflation picture to get much, if any, better when the U.S. Commerce Department releases its March data for ...
Core PCE Price Index shows an increase of +% month-on-month, surpassing expectations. Year-on-year, it rose by +% compared to ...
Inflation may have tumbled from multi-decade highs on both sides of the Atlantic, but progress has stalled in the United ...