The consumer price index rose 3% on the year in January 2025. Economists worry that broad disinflation is over, even as ...
Here's a chart that the Federal Reserve hoped it wouldn't see: Inflation has turned upwards after making some progress in the ...
Expectations for rate cuts were recalibrated after CPI, with markets now predicting the Fed will hold rates steady until well ...
The consumer price index increased 3% in January from a year ago, Wednesday’s report from the Labor Department showed, up ...
While good by historical levels ... prices are slightly higher now compared to May 2024. “Inflation is still firmly above the Federal Reserve’s 2% target,” says Clark Bellin, chief ...
The Fed lowered its key interest rate by a total percentage point at three meetings late last year but held it steady in late January as inflation remained stuck just below 3%. Wednesday’s report on ...
The Federal Reserve's preferred inflation gauge showed prices rose as expected in December, and it remains above the central bank's target level amid its ongoing efforts to wrestle down inflation.