"The hot inflation readings through March should write off any rate cuts in the first half of 2024," said Nationwide Senior ...
The still-elevated price levels pose a challenge for the Biden administration, which has sought to claim credit for inflation ...
A measure of inflation closely tracked by the Federal Reserve remained uncomfortably high in March, likely reinforcing the Fed’s reluctance to cut interest rates anytime soon and underscoring a burden ...
U.S. monthly inflation rose moderately in March, but stubbornly higher costs for housing and utilities suggested the Federal Reserve could keep interest rates elevated for a while. The report from the ...
The Federal Reserve’s preferred inflation ... up from 2.5% in February, according to the BEA. The March PCE report adds to other recent concerning economic data, such as a report from the BEA on ...
U.S. monthly inflation rose moderately in March, but stubbornly higher costs for housing and utilities suggested the Federal ...
Economists were taken by surprise on Thursday as new data unveiled signs of continuing inflation and a slowdown in the ...