The consumer-price index is up 2.9%, and other signs vindicate Fed Chairman Jerome Powell’s policy.
Inflation in the U.S. dropped to its lowest level in over three years last month. Here's why consumers are still struggling.
Jerome Powell explicitly laid out his task and that of his committee peers: "It is the Fed's job to bring inflation down to ...
The July consumer price index report is expected to show that inflation cooled slightly to 2.9% year-over-year, while the Fed ...
Economist Claudia Sahm, creator of the eponymous Sahm Rule, has responded to recent criticism of her economic indicator, ...
Even when Trump mentioned, briefly, his idiotic new plan to eliminate taxation of Social Security benefits, he justified it ...
Consumer prices rose 0.2 percent in July following two straight months of flat or declining prices, the Labor Department ...
Year-over-year inflation reached its lowest level in more than three years in July, the latest sign that the worst price ...
WASHINGTON (AP) — Year-over-year inflation reached its lowest level in more than three years in July, the latest sign that ...
The government said nearly all of July's inflation reflected higher rental prices and other housing costs, a trend that, ...
In trading on Wednesday, flows in options linked to the Secured Overnight Financing Rate — which closely follows the central bank’s policy path — reflected traders unwinding bets on half-point rate ...
Inflation has cooled for four consecutive months, reversing a surge in prices that took hold at the outset of 2024. Price ...