They forecast PCE inflation – which is a slightly different measurement than the well-known Consumer Price Index – to slowly decline to 2.5% by the end of 2026, from 2.8% in the most recent reading.
(Bloomberg) -- President Donald Trump’s rapidly evolving trade war threatens to resurrect an all-too-familiar question for the Federal Reserve: If inflation moves higher, will it be transitory?
Americans don't seem to feel very good about the economy these days. A Gallup poll on the country's economic confidence at ...
The consumer price index rose 2.7% on an annual basis in November, the Labor Department announced Thursday. The results were ...
Many American consumers fail to grasp the basic math of inflation, according to a large-scale study of financial literacy. The FINRA Investor Education Foundation, a financial education nonprofit, ...
We’re getting lots of question about the Inflation Reduction Act. We know, weird name for the major climate and tax legislation the Senate passed earlier this week. Kimberly Adams and guest host ...
While there is still long way to go in what will be the longest general election process in U.S. political history, it would appear now that illegal immigration and inflation will be critical in ...
This transcript was prepared by a transcription service. This version may not be in its final form and may be updated. Luke Vargas: Hey, What's News listeners. It's Sunday, August 18th. I'm Luke ...
A top economic adviser to President Biden repeatedly dodged the question of when the scorching, decades-high inflation that has vexed Americans for months will return to normal. Fox News anchor Martha ...
When Henry Kissinger asked for his opinion about the influence of the French Revolution, Chinese premier Zhou Enlai purportedly replied that two hundred years on it was “too early to tell.” Something ...
Markets have been on a seesaw of uncertainty related to the Federal Reserve's monetary policy on interest rates, as the central bank attempts to wrangle a stubborn inflation rate down to its target of ...
President Donald Trump’s rapidly evolving trade war threatens to resurrect an all-too-familiar question for the Federal Reserve: If inflation moves higher, will it be transitory? Trump’s decision to ...
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