Inflation was more manageable than expected in November, according to the Federal Reserve’s favored measure of price changes, as sticky inflation douses investors and borrowers’ hopes of much lower ...
The likelihood of a Federal Reserve interest rate cut at the upcoming September FOMC meeting has taken another hit following the release of a hotter-than-expected Personal Consumption Expenditures ...
The Federal Reserve’s key inflation gauge ran just slightly above expectations in June, raising additional doubts about how quickly the bank will be able to lower interest rates. The core personal ...
WASHINGTON, July 26 (Reuters) - U.S. prices increased moderately in June as the declining cost of goods tempered a rise in the cost of services, underscoring an improving inflation environment that ...