The Federal Reserve kept its key interest rate unchanged as officials grappled with uncertainty caused by inflation and ...
Trump argued on Wednesday that Powell and the Fed "failed to stop the problem they created with inflation." ...
As the Fed currently endeavors to wind down inflation ... One basis point is equal to 1/100 th of one percentage point, or 0.01%. For instance, a half a percentage point change in an interest ...
The central bank needs to see further progress on inflation or weakness in the labor market to resume interest rate cuts.
The Federal Reserve's preferred inflation gauge, known as the personal consumption expenditures index, rose in December in ...
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 trends ...