An inflation gauge closely watched by the Federal Reserve rose slightly last month, the latest sign that some consumer prices remain stubbornly elevated, even as inflation is cooling in fits and ...
December’s PCE report on Friday suggests that inflation finished 2024 above the Federal Reserve's 2% target, but it didn't spiral out of control, which is "the ideal outcome" from a stock investor’s ...
The Federal Reserve should take a "cautious and gradual" approach to adjusting monetary policy amid upside risks to inflation, Governor Michelle Bowman said Friday. On Wednesday, the central bank's ...
U.S. inflation increased by the most in eight months in December amid robust consumer spending on goods and services, ...
The recent Los Angeles wildfires are only the latest reminder that banks need to steel themselves against climate change both ...
Fresh tariffs amid high inflation are making the Fed’s job uniquely difficult and feeding uncertainty about what to expect ...
In a Friday speech, Federal Reserve Board member Michelle Bowman said regulation and supervision should be aimed at expanding banking access, not limiting it.
Drexel University’s Board of Trustees has confirmed by a unanimous vote political economist and academic, Antonio Merlo, PhD ...
Two Federal Reserve officials seen as representing contrasting sides of the policy spectrum said on Friday they'll be ...
U.S. Inflation gauge rises as Trump's tariff threats loom, potentially pushing prices higher in coming months.
Rates on 30-year refinance loans dropped another 2 basis points Thursday. That's now a four-day decline of 12 basis points, which has reduced the average to 7.01%—the cheapest level for 30-year refi ...