With accelerating inflation, markets see a higher chance of an October hike, but December hike remains the base case.
Gold prices declined for a third consecutive session on Tuesday as elevated oil prices raised concerns about persistent US inflation and the possibility that the Federal Reserve could maintain higher ...
Editor’s note: This article was updated to add more detail and context. U.S. producer prices jumped 1.3% month over month in ...
The consumer price index for September showed a bigger-than-expected increase in core prices, helping keep alive the chance ...
GDP growth was strong but slowing at this point. Inflation was under control, but the Fed decided to keep the federal funds ...
Inflation pressures are rising in almost all Federal Reserve districts, according to the Fed's Beige Book report released ...
The Personal Consumption Expenditures price index showed little sign of easing in August, though revised data showed inflation had been slightly cooler than previously believed. By Ben Casselman and ...
The Survey of Consumer Expectations indicated that the median outlook for inflation over the next 12 months rose to 3.9%.
The government also revised up its calculation of second-quarter GDP growth to 2.2 percent, from an earlier 1.5 percent estimate, in a sign of the economy's strength.
Oct 14 (Reuters) - A Federal Reserve interest-rate decision later this month may be a closer call than previously thought, traders bet on Wednesday, after Labor Department data showed consumer prices ...
It’s the first of two major inflation reports this week that could influence the Fed’s decision at its Sept. 16 meeting.
The August Personal Consumption Expenditures price index will be closely watched after the Fed raised interest rates and signaled that additional tightening could be necessary before the end of the ...