News

Ahead of the Federal Reserve’s annual conference in Jackson, Wyoming, which starts on Thursday (Aug. 21), the topic of ...
Ken McElroy discusses the current US inflation rate of 9.1% and the Federal Reserve's target inflation rate of 2%.
The CPI showed inflation holding steady at 2.7%. However, the PPI showed inflation for the year ending in July jumping a whole percentage point to 3%.
Wall Street will be listening closely to Federal Reserve Chair Jerome Powell's speech Friday at the Jackson Hole economic policy summit, where he could signal whether the central bank is ready to cut ...
Goldman Sachs economists in a note estimated that consumers could soon bear up to 67% of tariff costs, up from 22%, thus ...
This week's inflation data further complicates things for the Fed in terms of cutting interest rates. Read more here.
Federal Reserve policymakers will be debating whether stubborn inflation or slower hiring is the bigger problem for the ...
Inflation held steady in July and ran slightly cooler than expected, increasing the odds of a Federal Reserve rate cut next ...
Incomes are still trailing inflation four years after the pandemic-era surge in prices, causing a financial pinch for many households.
The warning comes as inflation is already spiking. The Labor Department reported Thursday that the producer price index ...
"The hardest thing that the Fed ever has to do is get the timing right at moments of transition,” Goolsbee said on NBC News’ ...
Canada's main stock index inched lower on Monday as investors avoided big bets ahead of domestic inflation data due on ...