Meanwhile, economists polled by the Wall Street Journal expect January's annual headline CPI inflation rate and the narrower year-over-year core rate to land at 2.8% and 3.1%, respectively, down ...
Home prices across the country are still rising at a faster clip than overall inflation, causing sticker shock for house ...
Inflation finished 2024 at 2.9%, a vast improvement over the 9% peak hit in June 2022. Using the Federal Reserve’s preferred ...
Critics of President Donald Trump’s trade agenda have warned that his introduction of punishing new tariffs will cause prices ...
President Trump pledged to lower costs on “Day 1” as a candidate. His administration now acknowledges it will take more time.
While the index still remains elevated, one of the sticker parts of the inflation story over the past several years continues to show the progress Federal Reserve chair Jerome Powell has discussed ...
Powell confirmed in a Senate Hearing on Tuesday that the U.S. won't issue a central bank digital currency or CBDC while he's ...
On Friday, average wholesale prices for large, white shell eggs reached $8 a dozen, beating the previous record by a large ...
Federal Reserve Chair Jerome Powell testifies on Capitol Hill for committees that oversee the central bank and the financial ...
House Financial Services Committee Ranking Member Rep. Maxine Waters, a Democrat from California, urged Federal Reserve Chair ...
Treasury Secretary Scott Bessent said Thursday he wouldn’t be commenting on the Federal Reserve’s interest rate policies and expressed confidence in Fed Chair Jerome Powell, breaking from ...