Asset prices, meanwhile, have shrugged off all indication that the Fed’s inflation battle is moving in the wrong direction.
The rate of inflation rose in October and moved further away from the Federal Reserve’s 2% goal, confirming a recent uptick ...
Fed officials had been hoping this fall for a clean downtrend in inflation, allowing them to focus more fully on preventing ...
The core PCE inflation measure is half of its 2022 peak, but it’s higher than it ever was from 1994 to 2020 as price ...
U.S. consumer spending increased slightly more than expected in October, suggesting the economy retained much of its solid ...
That is nearly back to the Federal Reserve’s 2 percent inflation goal — good news for both the Fed and the White House. It is also slower than the previous reading, which stood at 2.3 percent.
Consumer price increases accelerated last month, the latest sign that inflation’s steady decline over the past two years has ...
Gold prices edged lower on Thursday as the U.S. dollar strengthened, while investors assessed a flurry of economic data ...