In the wake of better-than-expected Consumer Price Index (CPI) numbers released last week, Federal Reserve Gov. Christopher Waller on Sunday confirmed that the central bank may consider slowing ...
Gas prices rose sharply, but investors homed in on a small decline in the core CPI.
The Consumer ... Price Index for Urban Wage Earners and Clerical Workers (CPI-W): This index is used to determine the annual cost of living adjustments to Social Security benefits and to adjust ...
This contradicts months of claims from Jerome Powell who has insisted that price inflation was rapidly returning to the Fed's two-percent price inflation goal.
US consumer inflation ... in December was the energy index, which jumped by 2.6 percent, accounting for "over" 40 percent of the monthly increase, according to the Labor Department. In some good news for the Federal Reserve, annual inflation excluding ...
This contradicts months of claims from Jerome Powell who has insisted that price inflation was rapidly returning to the Fed's two-percent price inflation goal.
The Fed is expected to leave borrowing rates unchanged at the conclusion of its latest two-day policy meeting on Wednesday.
In its first policy decision after Donald Trump’s return as the President of the United States and after three consecutive rate reductions amounting to a cumulative 1%, the Federal Reserve decided to keep its overnight borrowing rate unchanged at 4.
The Fed began its quantitative tightening policy in the middle of March 2022 and the S&P 500 Stock Index ... of the Federal Reserve grew and stock prices rose. As stock prices rose, consumer ...
Consumer sentiment in the US deteriorated in January, with the Conference Board's (CB) Consumer Confidence Index declining to 104.1 from 109.5 in December. In this period, the Present Situation Index fell by 9.7 points to 134.3 and the Expectations Index dropped to 83.9.
Inflation likely accelerated in December, putting pressure on the Federal Reserve to keep interest rates relatively high.