Key Takeaways Core PCE inflation, the Fed's preferred gauge of consumer price increases, likely rose 2.9% in September, ...

Consumer sentiment improved marginally in December as respondents to the survey said that they expected an improvement in inflation and in their personal finances.

In 2020, the Federal Reserve (the Fed) responded to an acute recession by cutting interest rates and launching large-scale asset purchases to support credit and stimulate demand. Then, inflation in ...

US stock market jumped Friday as investors awaited the Fed-favored PCE inflation report. The S&P 500 rose 0.3%, Nasdaq added ...

This paper examines the effectiveness of inflation targeting (IT) frameworks during the global inflation surge of 2022, a shock primarily driven by large adverse supply side disruptions following the ...

If the Federal Reserve cuts rates next week as predicted, and Kevin Hassett becomes Fed Chair, where will rates be at this ...

Federal Reserve Chairman Jerome Powell famously described the high inflation that had just started dragging down U.S. consumers in July 2021 as "transitory." His word choice suggested that elevated ...

Inflation continues to be one of the top issues in the country. Although some prices have fallen, many are still rising and, what’s more troubling, are rising at a faster rate. Households’ hopes of ...