Key Takeaways Core PCE inflation, the Fed's preferred gauge of consumer price increases, likely rose 2.9% in September, ...

In 2020, the Federal Reserve (the Fed) responded to an acute recession by cutting interest rates and launching large-scale asset purchases to support credit and stimulate demand. Then, inflation in ...

This paper examines the effectiveness of inflation targeting (IT) frameworks during the global inflation surge of 2022, a shock primarily driven by large adverse supply side disruptions following the ...

Inflation continued to run hot in July, underlining the Federal Reserve's dilemma as it looks to lower prices for American consumers while propping up a job market that is starting to wobble. Prices ...

Here’s how inflation could sway Fed interest rate cut bets for October. Wall Street awaits key CPI report. The inflation data may sway the likelihood of a Federal Reserve interest rate cut in October.

The Federal Reserve is holding interest rates steady as it navigates uncertainty kicked up by a president who keeps pressuring the central bank to lower them. It’s an ironic, whiplash-inducing ...

The inflation rate is not zero; it’s currently at 2.9% year over year. That’s higher than the Fed’s 2% "price stability" target. The inflation rate also has been rising for the past four months. See ...

WASHINGTON – The Federal Reserve held interest rates steady again Wednesday and kept its forecast for two cuts this year as officials struggled to balance the dual hazards of President Donald Trump’s ...