Federal Reserve Beige Book finds inflation rising at a strong pace across most districts, driven by energy costs tied to the ...
By Ann Saphir and Howard Schneider June 3 (Reuters) - Federal Reserve Chairman Kevin Warsh inherits an economy bolstered by ...
High gas prices pushed up inflation again last month while adding to Americans’ financial strain: Households are saving at ...
According to Federal Reserve minutes released on Wednesday, officials are predicting that interest rates will go higher if inflation refuses to fall back to the Fed’s 2% target, after fresh data ...
The Federal Reserve’s preferred inflation gauge rose 0.4% in April and 3.8% over the past 12 months, the highest annual rate in three years. Core P ...
The Federal Reserve kept its benchmark rate at 3.5% to 3.75% as policymakers weigh mixed labor data and headline inflation near 2.4%, with core inflation near 3%. Rising oil prices tied to ...
The latest PCE inflation data was released by the Commerce Department and showed that inflation rose and remained elevated in ...
Polo Rocha has written about economics and banking for a decade. Mel Musto / Bloomberg via Getty Images Rising inflation expectations could lead to higher prices and wage demands, creating a ...
Financial markets were hit this week with negative news on both consumer and producer price inflation. Tuesday’s CPI report showed inflation running at 3.8% on a 12-month basis, well above the ...