The central bank needs to see further progress on inflation or weakness in the labor market to resume interest rate cuts.

Shortly after taking office last week, Trump set the Feb. 1 deadline for imposing 25% tariffs on imports from Mexico and ...

U.S. inflation increased by the most in eight months in December amid robust consumer spending on goods and services, ...

Inflation rose two-tenths of a percentage point to 2.6% for the year ending in December, the Bureau of Labor Statistics ...

Inflation closed out 2024 on a strong note, as a price gauge the Federal Reserve focuses on came in well above the central ...

U.S. labor costs rose marginally in the fourth quarter, offering some comfort to Federal Reserve officials after progress ...

US labor cost growth cooled in the fourth quarter from a year earlier, reassuring Federal Reserve policymakers wage pressures ...

The Federal Reserve’s preferred inflation gauge moved even higher in December, driven largely by rising energy prices as well ...

Husky Harvest gives away around two pallets of food a week, but has given out almost 12 pallets, or 12,000 pounds, worth of ...

“The Fed’s prognosis is for a slower pace of monetary easing moving forward, as the economy is doing well and prices are only slowly returning to target in an environment of great uncertainty,” said ...

I, along with everyone else, understood the pandemic and inflation were two reasons for the high price of groceries. But, ...

The nonpartisan advocacy group The Senior Citizens League predicts the 2026 COLA will be 2.1%, based on data from the Bureau ...