Fed policymakers on Wednesday held open the door to a go-slower approach, in the face of data showing the labor market ...
In total, shelter makes up about a third of the CPI. The personal consumption expenditures price index, the Fed’s preferred ...
Federal Reserve Bank of Boston President Susan Collins said she sees inflation heading back to the central bank’s 2% goal ...
Inflation has cooled notably, but a pickup in annual price increases underscores that it is not fully back to normal.
The Federal Reserve might not see much more inflation relief before it decides next month whether to keep cutting interest ...
But prices spiked in the pandemic, and the annual inflation rate reached a 40-year high of 9.1% in mid-2022. The Fed stepped in, raising interest rates dramatically in 2022 and 2023 to cool the ...
Minneapolis Federal Reserve Bank President Neel Kashkari said on Wednesday that he is confident inflation is headed down, ...
The Fed has two main objectives: maintain maximum employment and contain inflation. Although one single data point is never ...