Inflation has cooled notably, but a pickup in annual price increases underscores that it is not fully back to normal.
The Federal Reserve might not see much more inflation relief before it decides next month whether to keep cutting interest ...
Powell's comments come as investors seek hints of the Fed's intended easing path after a 25 basis point cut last week.
A strong economy is giving Federal Reserve officials room to move “carefully” as they lower interest rates, the central bank ...
Fed policymakers on Wednesday held open the door to a go-slower approach, in the face of data showing the labor market ...
Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers ...
But prices spiked in the pandemic, and the annual inflation rate reached a 40-year high of 9.1% in mid-2022. The Fed stepped in, raising interest rates dramatically in 2022 and 2023 to cool the ...
Asian shares drifted higher Thursday after US inflation data supported the case for another Federal Reserve rate cut next ...