An inflation gauge closely watched by the Federal Reserve rose slightly last month, the latest sign that some consumer prices ...
Surging stock prices have fueled consumer spending, which has boosted economic growth. A market selloff could put a lid on ...
Trump said Powell and the Fed "failed to stop the problem they created with inflation" in a post on Truth Social on Wednesday ...
Federal Reserve Bank of Chicago President Austan Goolsbee said Friday he is not opposed to a more gradual approach to interest-rate reductions by the U.S. central ...
U.S. stocks opened higher on Friday after an earnings report from Apple impressed investors by showing strong growth in the consumer-tech giant's services business. Later, a reading from the Federal ...
Friday's inflation report likely won't provide much comfort to borrowers with maturing commercial-real-estate loans. The ...
The Bureau of Economic Analysis said Friday that personal consumption expenditures rose 2.6% in December, in line with expectations. Core PCE, omitting food and energy, was 2.8%.
The relative calm in the markets may not survive upheaval in the A.I. sector and a deluge of disruptive Trump policies, our ...
The Federal Reserve’s preferred inflation gauge moved even higher in December, driven in part by rising food and energy prices. However, a closely watched measurement of underlying inflation ...
Federal Reserve Gov. Michelle Bowman is widely seen as the president's most likely choice for vice chair for supervision, a ...
The U.S. Treasury on Thursday said it was withdrawing from the network of central banks and regulators focused on curbing ...