U.S. inflation cooled more than expected in February, with price growth remaining well above the Federal Reserve’s goal ahead of the central bank’s policy meeting next week.
Read More U.S. Inflation Cools To 2.8% In February, Beating ExpectationsTag: U.S. inflation
U.S. Inflation Increases 2.7% In November, Going Up For Second Consecutive Month In A Row
The latest report revealed by the Labor Department showed that U.S. inflation rose in November from the pace it set a month earlier, going up for the second month in a row.
Read More U.S. Inflation Increases 2.7% In November, Going Up For Second Consecutive Month In A RowInflation rises moderately in April, consumer spending slows
It is a worrying sign for the Fed, suggesting that the elevated pace of price increases could last longer than expected.
Read More Inflation rises moderately in April, consumer spending slowsFed to hold rates steady as inflation dims hopes for policy easing
The Fed is almost certain to hold its benchmark overnight interest rate steady, with investors placing nearly a 100% probability on that outcome.
Read More Fed to hold rates steady as inflation dims hopes for policy easingGM and Ford count on gas-powered trucks as EV growth slows
GM and Ford face a challenge in common when explaining to investors where profit growth will come from.
Read More GM and Ford count on gas-powered trucks as EV growth slowsFed rate cut seen on track for June even as inflation bumps up
Traders speculate on the Federal Reserve’s next move, predicting potential interest-rate cuts to address economic trends.
Read More Fed rate cut seen on track for June even as inflation bumps up