The latest reading on the Fed's preferred inflation gauge comes just two days after the central bank paused its interest rate cutting cycle.
An inflation gauge closely watched by the Federal Reserve rose slightly last month, the latest sign that some consumer prices remain stubbornly elevated, even as inflation is cooling in fits and ...
Trump said Powell and the Fed "failed to stop the problem they created with inflation" in a post on Truth Social on Wednesday ...
Wall Street's main indexes rose on Friday, driven by gains in Apple following its strong sales forecast and a reading of the ...
The US Federal Reserve's preferred inflation measure accelerated for a third month in a row in December, according to ...