After several months of hopeful signs in the battle against inflation, new data confirms that the fight is far from over. Inflation rose 2.9% on an annual basis in December, which was slightly ...
U.S. stock futures wobbled, the dollar jumped and Hong Kong shares slipped from two-month highs on Tuesday as the U.S. and ...
Inflation accelerated for a third straight month in December on rising food and energy costs, reaching a five-month high and underscoring that an encouraging slowdown in price increases last ...
A person shops for eggs at a Whole Foods Market in New York City. Photo: Getty Images U.S. inflation picked up last month as prices rose for gas, eggs, and used cars, yet underlying price ...
WASHINGTON – The Federal Reserve paused its interest rate cutting campaign Wednesday and gave no signal it plans to lower rates again in the near term amid uncertainty spawned by inflation and P ...
But inflation can follow when consumer spending increases as ... and get the economy growing", but reforming Jobcentres and ...
Inflation was a driving force behind Donald Trump’s election victory, but he’s put the issue on the back burner during his first week in office ...
US inflation increased by the most in eight months in December amid a surge in consumer spending, suggesting the Federal Reserve would probably be in no hurry to resume cutting interest rates soon.
“From a person’s perspective, this inflation is real, but from the Fed’s perspective, they are going to look through it,” Wong said.
For spectators who want to see the Macy's Thanksgiving Day Parade balloons without the same crowds (and rain) that are likely on Thursday, the balloon inflation on Wednesday afternoon is always a ...
The Federal Reserve's preferred inflation gauge showed prices rose as expected in December, and it remains above the central bank's target level amid its ongoing efforts to wrestle down inflation.