The Federal Reserve’s preferred inflation metric is expected to cool to the slowest pace since June, but glacial progress on taming price pressures overall will keep policymakers cautious about ...

Rates cuts are still on the menu, but like many businesses, Fed officials are having a tough time judging the impact of Trump ...

Federal Reserve officials are taking note of what they see as rising inflation risks and the uncertain impact of President ...

The Federal Reserve's widely panned and soon-to-be-revised "average inflation targeting" strategy may survive mostly intact ...

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 ...

Kevin Hassett, a key economic adviser to President Donald Trump, said that he will hold regular lunch meetings with Fed Chair ...

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 ...

A key gauge of inflation ... across the price level or inflation.” Fed officials said this week they are in no rush to lower rates. “With our policy stance now significantly less restrictive ...

Then the improvement on inflation stopped. Year-over-year consumer price inflation has now risen for four straight months. In response to stubborn inflation, the Fed may hold off on further rate cuts.

Then the improvement on inflation stopped. Year-over-year consumer price inflation has now risen for four straight months. In response to stubborn inflation, the Fed may hold off on further rate cuts.