Fed's Goolsbee comforted by latest inflation data, worried about tariffs
Chicago Federal Reserve President Austan Goolsbee said inflation data released on Friday was a bit better than expected and ...
Tokyo Inflation, Japan Activity Data Back More BOJ Rate Hikes
An uptick in inflation in the Tokyo metropolitan area and solid outturns in other key Japanese economic data support the Bank ...
Stock market today: Wall Street poised to open higher ahead of government's latest inflation data
Wall Street pointed higher early Friday as more strong earnings results trickled in along with a closely-watched report from ...
The Fed’s Preferred Inflation Measure Ticked Up Slightly in December
The central bank needs to see further progress on inflation or weakness in the labor market to resume interest rate cuts.
US inflation increases in December; consumer spending robust
U.S. inflation increased by the most in eight months in December amid robust consumer spending on goods and services, ...
Federal Reserve's Bowman says further rate cuts should be gradual, cautious
Bowman said on Friday she expects declining inflation to allow further interest rate cuts this year, but feels many factors ...
High Inflation Sows Debate About New Fed Playbook for Tariffs
Fresh tariffs amid high inflation are making the Fed’s job uniquely difficult and feeding uncertainty about what to expect ...
Morgan Stanley's top stock strategist says the market is in a 'sweet spot' when it comes to interest rates
The Fed made the right call in hitting pause this week. "I'm not sure that pausing is really all the bad for stocks in the ...
Inflation rose to 2.6% in Fed’s preferred gauge in December
Inflation rose two-tenths of a percentage point to 2.6% for the year ending in December, the Bureau of Labor Statistics reported Friday in an update to the personal consumption expenditures index, the ...
Fed’s favoured inflation gauge ends 2024 with a muted advance
On a three-month annualised basis — seen as a more accurate picture of the trajectory of inflation — the core PCE price gauge ...
Fed’s preferred inflation gauge posts largest monthly gain since April as tariff fears boost spending
“The Fed’s prognosis is for a slower pace of monetary easing moving forward, as the economy is doing well and prices are only slowly returning to target in an environment of great uncertainty,” said ...
Social Security COLA prediction: Bad news for retirees in 2026?
The nonpartisan advocacy group The Senior Citizens League predicts the 2026 COLA will be 2.1%, based on data from the Bureau ...