The Federal Reserve's job is to control inflation, but has little ability to influence one of its biggest drivers, Fed Chair ...
The Federal Reserve in January paused its policy easing cycle, having cut interest rates by 100 basis points since September.
The personal consumption expenditures (PCE) price index accelerated in the 12 months to December, 2024 Chart showing changes in the benchmark interest rate of the United States Federal Reserve ...
Federal Reserve Bank of New York President John Williams said he anticipates inflation will continue to slow toward the central bank’s 2% goal, but warned policy-related uncertainty clouds the ...
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 ...
But there may still be some good news for the Federal Reserve. Economists now think its preferred inflation gauge—the PCE, or personal-consumption-expenditures price index—probably came a bit ...
Wall Street's best-known gauge of fear and uncertainty was still indicating low volatility on Thursday, even after a ...
The PPI report confirms “that inflation did indeed come roaring back in January, and makes the Federal Reserve’s path much ... is the Fed’s main inflation gauge. The PPI rose 0.4% in January ...
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.
A key gauge of ... so-called core inflation was also higher, growing by 3.3 percent for the year ending in January. Wednesday’s data boosts the case for the Federal Reserve to maintain a pause ...