Inflation rose 2.5% over the year in January compared to 2.6% in December, marking the first decrease in four months.
The central bank wants to see further progress that price pressures are easing before it lowers interest rates again.
The Federal Reserve’s preferred inflation gauge cooled as expected in January, providing a hopeful data point to price-weary Americans.
The central bank wants to see further progress that price pressures are easing before it lowers interest rates again.
January's Core PCE Price Index, the Fed's preferred measure of underlying inflation rose 0.3% M/M, matching the consensus ...
U.S. Treasury yields were lower on Friday as investors awaited the release of a key inflation reading — the most anticipated data of the week.
John Williams, the president of the Federal Reserve Bank of New York, also spoke about the gold vault underneath the building ...
The latest look at U.S. inflation is unlikely to ease the worries on Wall Street, but it probably won’t add to the jitters.
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