The central bank needs to see further progress on inflation or weakness in the labor market to resume interest rate cuts.
An inflation gauge closely watched by the Federal Reserve rose slightly last month, the latest sign that some consumer prices ...
Federal Reserve governor Michelle Bowman said she still expects declining inflation to allow further interest rate cuts this ...
U.S. prices increased in December while consumer spending surged, suggesting that the Federal Reserve could delay cutting ...
The Federal Reserve's preferred inflation gauge, known as the personal consumption expenditures index, rose in December in ...
The price gauge used by the Federal Reserve to help set U.S. interest rates accelerated in December, pushing the bank further ...
Federal Reserve Governor Michelle Bowman said she wants to see additional progress on inflation before the central bank ...
The Federal Reserve’s preferred inflation gauge moved even higher in December, driven largely by rising energy prices as well ...
The personal consumption expenditures price index for December was expected to show a 2.6% increase on an annual basis ...
The measure of price increases targeted by the Fed sped up in December, reflecting a stubborn spell of inflation that remains ...
The latest reading of the Federal Reserve's preferred inflation gauge showed prices increased in line with expectations in ...