Annual inflation hit 3.5% in June, down from May's more than three-year high — but the resumption of the conflict with Iran ...
Federal Reserve Chairman Kevin Warsh has said that inflation is a "choice." The same could also be true of how inflation is measured. Warsh has formulated five task forces to look at an array of Fed ...
Warsh reaffirmed that returning inflation to 2% remains the Fed's top priority. He expressed optimism on US growth, labour markets and the long-term benefits of AI. He also reiterated the Fed's ...
Each week brings another Siren song - central bank statement, oil price move, geopolitical escalation, AI headline or tariff ...
High gas prices pushed annual inflation to the highest level in three years, according to May data released by the Commerce Department on Thursday. The Federal Reserve’s preferred inflation gauge, the ...
June 25 (Reuters) - Chicago Federal Reserve President Austan Goolsbee on Thursday said there was a "glimmer of hope" on services inflation in the latest U.S. inflation report, but underlying inflation ...
The Federal Reserve’s new chairman has vowed to deliver price stability, but officials are at odds over whether that will require higher borrowing costs. By Colby Smith and Ben Casselman Colby Smith ...
The core personal consumption expenditures price index showed a 3.4% annual rate after rising 0.3% for the month. The core annual reading was the highest since October 2023. The Fed's primary ...
The Personal Consumption Expenditures index — the Federal Reserve's preferred inflation measure — rose at a 4.1% annual rate in May, highlighting the central bank's challenge in reining in prices. The ...
Chandra Steele has been writing about tech for the entirety of her journalism career. She loves making tough topics easy to understand. Before joining Android Police, Chandra was senior features ...
The financial commentariat went into today’s economic-data dump looking for a reason to panic. The preferred storyline was obvious before the numbers even hit: inflation is back, the Fed is behind the ...
The Bureau of Economic Analysis released its personal consumption expenditures price index data for September earlier today. Here is the report, at a glance: Core YoY: 2.8% increase, in line with ...
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