Price gains have proven much stickier than anticipated a few months into 2024 amid a resilient economy and labor market. On Tuesday, Fed Chair Jerome Powell said persistent inflation means borrowing ...
Consumer prices rose 3.5 percent in March from a year earlier, a larger-than-predicted jump. The underlying details could ...
The improbable picture seems to guarantee that the Federal Reserve won’t be ready to lower interest rates in the next few ...
An economic analyst joined ABC7 to break down the current state of the economy, and he explained how it could affect people's ...
A key US inflation gauge rose last month to its highest level since April 2023. The Producer Price Index, a closely watched ...
Japan's core inflation slowed in March and an index gauging broader price trends fell below 3% for the first time in over a ...
Japan's core inflation slowed in March due to mild rises in food prices while staying comfortably above the central bank's 2% ...
Federal Reserve officials said during their March policymaking meeting that inflation will likely continue to slow this year, ...
U.S. producer prices increased moderately in March as a rise in the cost of services was softened by a fall in goods prices, ...
The remarks represented a shift for Jerome Powell, who on March 7 had said the Fed was ‘not far ‘from gaining the confidence it needed to ...
Inflation continues to be a problem for the American shopper. March saw prices increase by 3.2% from February and 3.5% from a ...
Japan's annual core consumer price growth is expected to have slowed slightly, a Reuters poll showed, but persistent cost-push pressures kept inflation at or above the central bank's 2% target for two ...