While the Federal Reserve faces a longer road to get inflation down to 2%, a holiday season inflation gauge is well above the ...
(Bloomberg) -- Economists raised their projections for US inflation next year on tariff ... food and energy categories — will ...
US consumer spending increased in November amid strong demand for a range of goods and services, underscoring the economy’s ...
Consumer spending, which accounts for more than two-thirds of US economic activity, rose last month after a downwardly ...
The Federal Reserve’s preferred inflation gauge moved slightly higher in November — but not as much as economists were ...
This year most global central banks commenced the long-awaited descent after a slew of rate hikes in 2022 and 2023. But they ...
The Fed has made progress tackling inflation through interest rate hikes in the last two years without dealing a knockout ...
The S&P 500 was 1.9% lower and the Nasdaq fell 2.5% ... average mortgage rate for a 30-year fixed loan was 6.6% last week, according to Freddie Mac. The Federal Reserve is banking on ...