The central bank needs to see further progress on inflation or weakness in the labor market to resume interest rate cuts.
U.S. inflation increased by the most in eight months in December amid robust consumer spending on goods and services, ...
A spike in energy prices helped to lift the headline PCE price index in December. The combined cost of gasoline, electricity, ...
Most Gulf stock markets ended subdued on Wednesday in the wake of U.S. President Donald Trump's shock statement about taking ...
Inflation rose two-tenths of a percentage point to 2.6% for the year ending in December, the Bureau of Labor Statistics ...
US labor cost growth cooled in the fourth quarter from a year earlier, reassuring Federal Reserve policymakers wage pressures ...
Working households are feeling the lowest price pressures since 2020, as inflation eased across the country and even went ...
How much has rising inflation since 2020 cost you? While Iowans need to spend more to maintain their standard of living, ...
Measuring key aspects of a nation’s economy is important, but the metrics used are often misunderstood by many. Quantifying ...
Mortgage rates fluctuate daily, so a little volatility can always be expected. On Monday, the average rate on a 30-year fixed ...
Recent data from the Bureau of Labor Statistics shows the cost of living continues to outpace earnings, leaving many ...
Rising food and housing costs have hit the lowest-income Americans the hardest in recent years.