Asset prices, meanwhile, have shrugged off all indication that the Fed’s inflation battle is moving in the wrong direction.
Fed officials had been hoping this fall for a clean downtrend in inflation, allowing them to focus more fully on preventing ...
Some Federal Reserve officials said at a policy meeting this month that the central bank may hit its 2% inflation target ...
A stock-market rally boosted by President-elect Donald Trump’s victory is set to put upward pressure on the Federal Reserve’s ...
While they appeared open to further interest rate cuts, the Fed governors did not indicate when and by how much. "Members concurred that inflation had made progress toward the committee's 2% ...
U.S. consumer spending increased slightly more than expected in October, suggesting the economy retained much of its solid ...
Consumer price increases accelerated last month, the latest sign that inflation’s steady decline over the past two years has ...