Forecasts for December PCE Report Show Continued Improvement on Core Inflation
In December, economists believe the overall PCE index rose 0.3% on a monthly basis and 2.6% on an annual basis, according to ...
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Muddying the waters on interest rates
Muddying the waters’ is a common strategy in politics. It entails finding a key fact or piece of information that can scuttle ...
Fed pauses interest rate cuts as inflation, Trump's plans create uncertainty
The Federal Reserve kept its key interest rate unchanged as officials grappled with uncertainty caused by inflation and ...
Iowans have lost an estimated $34,000 to inflation since 2020.
How much has rising inflation since 2020 cost you? While Iowans need to spend more to maintain their standard of living, ...
Fed's Powell said PCE inflation rose 2.6% in 12 months ended in December
Fed Chairman Jerome Powell said the PCE inflation report in December is expected to show prices rose 2.6% in the past 12 months, or a somewhat higher 2.8% based on the core rate that omits food and ...
The Fed is pausing interest rates as most investors expected — and stocks decline on the news
The meeting went as expected, with no changes to interest rates. But the S&P 500 broad index of large cap stocks declined on ...
The Federal Reserve kept interest rates steady as Trump tariffs loom and inflation fears linger
Federal Reserve policymakers voted Wednesday to hold interest rates steady in its first rate decision of the year.
Fed hold rates steady, sees inflation as ‘elevated,’ as Powell declines comment on Trump
Outside of a U.S. President bending norms, the Fed also faces challenges in achieving its economic objectives. Inflation ...
Inflation eases as the price of essentials like fuel, pharmaceuticals and electricity fall
The chances of a Reserve Bank interest rate cut in February have improved significantly as price rises ease. So what's behind ...
Brazil central bank hikes rates by 100 bps, confirms same in March
Brazil's central bank raised its benchmark interest rate by 100 basis points for the second straight meeting on Wednesday and ...
Trump slams Fed after decision to hold interest rates steady
Policymakers left their benchmark rate unchanged amid signs that the economy is humming along, defying the president’s ...