Economists worry inflation has become entrenched above the Federal Reserve's target, even as President Donald Trump's policies around tariffs and immigration threaten to exacerbate it. The ...
Traders in the federal-funds futures market are expecting the Federal Reserve will hold its benchmark interest rate steady until June, when they anticipate a potential rate cut. Fed-funds futures ...
The Personal Consumption Expenditures price index grows by 2.5% in January 2025 on a year-over-year basis. Core PCE, excluding food and energy, increases 2.6% from the same period last year.
Since Mr Trump’s election, that figure has surged by 1.7 percentage points—the joint-largest three-month rise since 1979, ...