If the central bank decides to pause its rate-cutting campaign in response to this elevated inflation, mortgage rates could ...
Economists expect prices to have risen 2.6% over the year ending in October. That figure would mark a slight uptick from the ...
The Labor Department on Wednesday reported that consumer prices in October rose 2.6% from a year earlier. That marks a pickup ...
Forecasters had expected lingering inflation in October. How will the new numbers affect the next Federal Reserve decision on ...
U.S. inflation rose 2.6% on an annual basis last month, representing an uptick from September when the Federal Reserve began ...
Here's what to do with your savings during inflation. Does the interest rate on my account matter? The national average savings rate is currently 0.43%. With the current inflation rate ...
Federal Reserve Chair Jerome Powell said Thursday that interest rates are still expected to decline further, but suggested they might not be that much lower over the next few months.
While the current pace of rising prices appears to have leveled off, the expected path of rate cuts has become less certain.
After a September half-point cut, the reduction would bring the benchmark federal funds rate down three-quarters of a point ...
"In my baseline scenario, based on current information ... Line graph showing various measures of inflation and the Federal ...
Find out how the I bonds current rate of 3.11% impacts returns for both new and current investors in today’s inflation environment.
A prominent economist and educator is warning that Americans squeezed by the highest inflation rates in four decades are unlikely to see prices come down in the future. Allianz chief economic adviser ...