Lower inflation in the December quarter boosts chances of an interest rate cut
A larger than expected drop in inflation data has boosted the chances of an interest rate cut as soon as February.
Fed's Powell said PCE inflation rose 2.6% in 12 months ended in December
Fed Chairman Jerome Powell said the PCE inflation report in December is expected to show prices rose 2.6% in the past 12 months, or a somewhat higher 2.8% based on the core rate that omits food and ...
Fed hold rates steady, says job market is ‘solid’ while inflation ‘remains somewhat elevated’
It's a sign of a more cautious approach as the Federal Reserve seeks to gauge where inflation is headed and what policies ...
December inflation figures set to make or break February rate cut, with government watching on
Economists expect underlying inflation to fall, bolstering the prospect of a February rate cut ...
Fed pauses interest rate cuts as inflation, Trump's plans create uncertainty
The Federal Reserve kept its key interest rate unchanged as officials grappled with uncertainty caused by inflation and ...
Trump says Powell and Fed ‘failed to stop the problem they created’ on inflation
President Donald Trump wasted no time criticizing the Fed after it held rates steady Wednesday, arguing Jerome Powell and the ...
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Federal Reserve decides not to change interest rates despite pressure from Trump
The Federal Reserve expressed concern that inflation has not eased enough for it to continue lowering interest rates.
Investors cheered December's inflation data. Experts say US economy is not 'out of the woods' yet.
December's CPI print finally showed some relief in core inflation. But the threat of sticky prices is still a reality for ...
Sri Lanka's inflation drops to minus 2% in December
Sri Lanka's consumer price inflation dropped to minus 2% year-on-year in December after easing to minus 1.7% in November, ...
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Inflation Rose in December but Underlying Pressures Fell
U.S. inflation accelerated last month as prices for gas, eggs and used cars rose, yet underlying price pressures also showed ...
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Feds hold rates steady, pausing for further inflation progress
The vote was unanimous to keep the rate in the range of 4.25%-4.5%, after lowering rates by a full percentage point at the ...
Japan Inflation Jumps To 3.0% In December
Japan's annual rate of consumer price inflation accelerated to 3.0 percent in December from 2.7 percent the month before, government data showed Friday.