An inflation gauge closely watched by the Federal Reserve rose slightly last month, the latest sign that some consumer prices remain stubbornly elevated, even as inflation is cooling in fits and starts.
While it was created with good intentions 13 years ago, the Federal Open Market Committee’s dot plot does not serve its primary purpose: providing transparency
Federal Reserve Gov. Michelle Bowman is widely seen as the president's most likely choice for vice chair for supervision, a position soon to be vacated by Michael Barr. But while Bowman is the administration's most straightforward option,
A desire for low rates confronts a very different economic backdrop—with higher price pressures—from his first term.
The Federal Reserve held interest rates steady on Wednesday, just days after President Donald Trump called on the central bank to lower them. The announcement put the central bank on a potential collision course with Trump,
The Federal Reserve said Friday that it is leaving an international grouping of central banks that focused on how the financial system could help combat climate change
Still, the chaotic 48 hours suggested that some in the Trump administration had overestimated their ability to impose ideological purity tests on federal funding. The order interrupted the Medicaid system, which provides health care to millions of low-income Americans, and left thousands of people in limbo.
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 Federal Reserve’s preferred gauge.
An inflation gauge closely watched by the Federal Reserve rose slightly last month, the latest sign that some consumer prices remain stubbornly elevated, even as inflation is cooling in fits and start
Many of the executive actions related to bitcoin and crypto were wish-list items the industry has been pushing for.
Wall Street futures pointed moderately higher pre-bell Friday as traders weighed the earnings season, and awaited the latest inflation report from Washington. The December personal consumption expenditures core price index (PCE-Core),