PCE inflation data; Federal Reserve speakers: home sales data; consumer sentiment; earnings from Micron, Costco, AutoZone, ...
Federal Reserve Chair Jerome Powell once called he pandemic-era burst of high inflation "transitory." Fed officials now ...
Inflation ticked up to 2.9% in August, the highest rate since January.
The Fed sees tariff inflation as temporary, and August CPI likely won’t shift its stance, unless it surprises like July PPI.
The comedian Fred Armisen has a thing for sound. He’s a former punk musician and a master of accents, and he is now releasing a new album of sound effects. “I was lamenting that there aren’t ...
The authors do not work for, consult, own shares in or receive funding from any company or organization that would benefit from this article, and have disclosed no relevant affiliations beyond their ...
(The Conversation is an independent and nonprofit source of news, analysis and commentary from academic experts.) At the heart of her firing attempt – and other moves to undermine the Fed by the Trump ...
Inflation rose largely in line with expectations in July, according to the new Consumer Price Index report from the Bureau of Labor Statistics. Inflation increased by 0.2 percent in the past month and ...
The year-over-year inflation rate unexpectedly held steady at 2.7% in July. Economists expected a tick up to 2.8%. Impacts from tariffs imposed in early August could take a while to show up in ...
New tariffs, including a 50% rate on Brazilian imports, are now in effect worldwide, marking the largest shift to the global economy in nearly a century and raising concerns about inflation despite ...
Wholesale prices were unchanged in June and showed only a mild effect from U.S. tariffs, adding to the growing view that trade wars won’t lead to a big surge in inflation. The flat reading in the ...