The Consumer Price Index rose 2.9 percent from a year earlier, but a measure of underlying inflation was more encouraging.
Inflation has been around since the days of Alexander the Great and it's not showing any signs of going away. In combating ...
The central bank’s recent infusion of financial-market brawn includes Beth Hammack, who worked for three decades at Goldman ...
Since the FOMC is responsible for setting interest rate policy at the Fed, Wall Street watches each SEP very closely. In the September SEP, the FOMC forecast five potential interest rate cuts in 2025, ...
President Trump said if oil prices come down he'll demand lower interest rates immediately, adds he knows rates 'much better' than Fed officials ...
CEO Brian Moynihan catches up with Yahoo Finance Brian Sozzi at the 2025 World Economic Forum in Davos, Switzerland. Moynihan ...
The better-than-expected data sent the blue-chip Dow Jones Industrial Average surging more than 700 points, or 1.7%, as ...
After two years of progress on inflation and surprisingly persistent economic growth, the Federal Reserve next week meets ...
Fresh inflation data released Wednesday is likely to keep the Federal Reserve on pause during its next policy meeting this ...
The U.S. Federal Reserve will hold interest rates steady on Jan. 29 and resume cutting in March, according to a slim majority ...
The central bank has the power to maintain stable prices, and there is more to the President-elect’s economic policy than ...
Meanwhile, an uptick in unemployment can have a silver lining: As inflation slows and jobless numbers increase, the Fed moves to lower interest rates, just as they did following their November ...