Inflation ran hotter than forecasters expected in January, but a quirk of the data involving seasonal adjustment means many economists have stopped short of declaring inflation has reignited.
Consumer prices roared higher in January, driving inflation up to 3% for the first time since June of last year and further ...
President Trump pledged to lower costs on “Day 1” as a candidate. His administration now acknowledges it will take more time.
The Fed retreated in its fight against inflation over the final months of last year, lowering interest rates ... than policymakers thought just a few months ago. Federal Reserve Board ...
The latest Consumer Price Index report shows inflation ticked up to 3% in January from a year ago, a slight rise from the ...
Investors are now betting that the Federal Reserve will cut interest rates just once more this year, a drastic shift in expectations since late 2024.
Over the past two years, we have seen some of the highest inflation rates since the second of the two recessions in the early 1980s. Over the past few years we have slowly made our way ...
Expected inflation ... last month, the highest since May 2024, according to results of the New York Fed’s Survey of Consumer Expectations published Feb. 10. Expected inflation rates over the ...