Federal Reserve governor Michelle Bowman said Friday that she would prefer only gradual future easing of the central bank's interest-rate policy.
A spike in energy prices helped to lift the headline PCE price index in December. The combined cost of gasoline, electricity, and other energy goods and services jumped 2.7% durin ...
US President Donald Trump is getting his wish that interest rates drop across the world, just not at home, where a strong economy and uncertainty over his own policies have set the stage for the ...
Key Takeaways Inflation, as measured by Personal Consumption Expenditures, rose 2.6% over the year in December, up from 2.4% ...
The core index, one that strips volatile food and energy costs and is used by the Fed in setting interest rates, rose 0.2% in December and 2.8% annually, unchanged from November.
Many of the executive actions related to bitcoin and crypto were wish-list items the industry has been pushing for.
Whisper it, but maybe life’s not so bad for many of the world's central bankers right now. But James Smith, ever the optimist, reckons that’s not going to last long. From tariffs to tech tantrums, ...