Inflation is still a thing. Prices were 2.6% higher in October than a year earlier, according to the latest Consumer Price Index, released Wednesday. That's a much lower inflation rate than American ...
Diccon Hyatt is an experienced financial and economics reporter. He's written hundreds of articles breaking down complex financial topics in plain language, emphasizing the impact that economic ...
Equity and bond prices fell after the release of the January jobs report and in anticipation of potential across-the-board U.S. tariffs in the week ahead. These market moves appear to have ignored the ...
Inflation has fallen dramatically but remains above the Fed's target rate. Consumer prices rose 2.7% in November compared to a year ago, ticking upward from the previous month and potentially giving ...
The Federal Reserve on Wednesday released the minutes from the central bank's monetary policy meeting last month, which showed that while policymakers anticipate further interest rate cuts, they ...
WASHINGTON — The Federal Reserve’s preferred inflation measure on Friday provided the latest sign that price pressures are easing, a trend that is expected to fuel further Fed interest rate cuts this ...
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Here’s how inflation could sway Fed interest rate cut bets for October. Wall Street awaits key CPI report. The inflation data may sway the likelihood of a Federal Reserve interest rate cut in October.