The consumer price index rose 2.4% in February from a year earlier, unchanged from January, according to the Bureau of Labor Statistics. That's still slightly above policymakers' long-term inflation ...
Consumers saw inflation pick up slightly in November as price increases in categories including groceries, gasoline and new cars outweighed a deceleration in others such as shelter during the month.
Inflation throttled back in March, largely on lower gasoline prices — but tariffs threaten to reverse that downward trend in coming months while trouble also lurks in certain categories like groceries ...
While crude oil prices soar above triple digits amid the ongoing disruption to shipping through the Strait of Hormuz, ...
There were some encouraging economic developments this week that millions of Americans likely warmly welcomed. The unemployment rate in January, for example, declined to 4.3% as employers added more ...
The other bad news is that there are scant signs of shipping recovering through the Strait of Hormuz. 50-60 tankers were ...
Governing council will rely on ‘judgment’ to steer the policy rate in the months ahead, summary of deliberations shows ...
GDP rose at a seasonally and inflation-adjusted annual rate of just 0.7% in the fourth quarter, according to a Commerce Department revision Friday. The first revision of the GDP reading was a sharp ...
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