Forecasts for December PCE Report Show Continued Improvement on Core Inflation
In December, economists believe the overall PCE index rose 0.3% on a monthly basis and 2.6% on an annual basis, according to ...
Lower inflation in the December quarter boosts chances of an interest rate cut
A larger than expected drop in inflation data has boosted the chances of an interest rate cut as soon as February.
Fed pauses interest rate cuts as inflation, Trump's plans create uncertainty
The Federal Reserve kept its key interest rate unchanged as officials grappled with uncertainty caused by inflation and ...
The Fed is pausing interest rates as most investors expected — and stocks decline on the news
The meeting went as expected, with no changes to interest rates. But the S&P 500 broad index of large cap stocks declined on ...
Iowans have lost an estimated $34,000 to inflation since 2020.
How much has rising inflation since 2020 cost you? While Iowans need to spend more to maintain their standard of living, ...
Fed holds rates steady, hitting pause after series of cuts
The central bank’s decision to pause at its first meeting of 2025 followed a series of cuts that began in September to ...
Fed's Powell said PCE inflation rose 2.6% in 12 months ended in December
Fed Chairman Jerome Powell said the PCE inflation report in December is expected to show prices rose 2.6% in the past 12 months, or a somewhat higher 2.8% based on the core rate that omits food and ...
Fed hold rates steady, says job market is ‘solid’ while inflation ‘remains somewhat elevated’
It's a sign of a more cautious approach as the Federal Reserve seeks to gauge where inflation is headed and what policies ...
Trump slams Fed after decision to hold interest rates steady
Policymakers left their benchmark rate unchanged amid signs that the economy is humming along, defying the president’s ...
The Federal Reserve kept interest rates steady as Trump tariffs loom and inflation fears linger
Federal Reserve policymakers voted Wednesday to hold interest rates steady in its first rate decision of the year.
Aussie inflation is falling! Now when will the RBA finally cut interest rates?
The S&P/ASX 200 Index (ASX: XJO) is enjoying another day of gains amid sliding inflation. So, when will the RBA start cutting ...