Federal Reserve Governor Michelle Bowman said on Monday she wanted increased conviction that inflation will decline further ...
A strong rally in the third quarter, aided by the September launch of the Federal Reserve’s latest easing campaign, helped the market maintain a year-to-date gain.
The U.S. economy grew 3.1%(annualized) in the third quarter, similar to the second quarter. Read more here.
Federal Reserve Chair ... “Last year, inflation was 2.6% — so great progress — but we’re not quite there yet,” Powell said, referencing a different inflation gauge than the consumer ...
Underlying US inflation last month rose by the most since March, diminishing chances the Federal Reserve will lower interest ... Economists see the core gauge as a better indicator of the ...
While the PPI report was undeniably hot, the Personal Consumption Expenditures (PCE) price index came in softer.
In America’s hyper-partisan atmosphere, rhetoric on the cost of living has skewed inflation expectations, a variable that ...
A hotter-than-expected January producer-price index following Wednesday's too-warm-for-comfort consumer price index won't dispel jitters over sticky inflation. But investors appeared to be taking ...
U.S. wholesale prices came in hotter than expected last month at a time when progress against inflation appears to have ...
Speaking before the House Financial Services Committee on Wednesday, Federal Reserve Chair Jerome Powell ... stems from its impact on the PCE inflation gauge, a key metric the Fed monitors when ...
A rally in U.S. government debt gained momentum Thursday morning after details of January's producer-price index offered some hope of easing price pressures for the Federal Reserve's preferred ...