Inflation increased in November, complicating Fed's next rate decision
The inflation gauge makes up the last piece of significant economic data before the Fed announces its next interest rate decision on Dec. 18. A finding of accelerated price hikes may give the Fed pause as it weighs interest rate cuts.
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Powell didn’t directly say whether the Fed plans to lower its key interest rate by another quarter point this month – ...
Lately, progress has stalled on getting inflation down to the Fed's 2% annual target. Meanwhile, the labor market isn't ...
Gold steadied after an advance as traders shifted focus to key US inflation reports due this week that may shape expectations ...
A slower rate of price increases would boost the likelihood of an interest-rate cut that could expand loan demand and lower ...
Citigroup, previously the only Wall Street brokerage forecasting a 50 basis point rate cut by the U.S. Federal Reserve, has ...
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