Chair Jerome Powell says the Federal Reserve will likely cut its key interest rate slowly and deliberately in the coming ...
October's Consumer Price Index (CPI), which measures changes in the cost of consumer goods and services, showed that annual ...
October inflation readings out this week have shown little progress toward the Fed's 2% inflation target, putting into ...
The Dow and the S&P 500 ended slightly higher on Wednesday while the Nasdaq lost ground after October data showed consumer ...
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The Labor Department on Wednesday reported that consumer prices in October rose 2.6% from a year earlier. That marks a pickup ...
Inflation has cooled notably, but a pickup in annual price increases underscores that it is not fully back to normal.
The consumer price index rose 0.2% in October for the fourth straight month, and advanced 2.6% on an annual basis.
The central bank’s inflation fighters have been satisfied enough with the improvement to cut their benchmark interest rate ...
Powell's comments come as investors seek hints of the Fed's intended easing path after a 25 basis point cut last week.
CPI inflation rose to 2.6% in October, higher than the 2.4% in September, though in line with projections. There is an ...