By Howard Schneider WASHINGTON, Feb 17 (Reuters) - The U.S. Federal Reserve could approve "several more" interest rate cuts this year if inflation resumes a decline to the central bank's 2% target, ...
A decline in the rate of price increases is good news for Americans who have grappled for years with rising costs of living.
Key insight: Inflation cooled slightly but continued upward in September, climbing 0.3% after August's 0.4% gain. Processing Content Supporting data: Prices rose 3.0% year over year, tracking with the ...
Dec 1 (Reuters) - Chicago Federal Reserve President Austan Goolsbee said on Friday he believes inflation is "on track" to reaching the U.S. central bank's 2% target, driven in coming months by what he ...
Inflation rose 0.2% in Jan from Dec and fell to 2.4% on an annual basis. Both readings were less than anticipated by many market observers, in a positive sign for consumers and the markets.
The Federal Reserve pays close attention to inflation data when making decisions about monetary policy and where to set interest rates. That means investors often watch the monthly release of the ...
The new series of Consumer Price Index (CPI), used for measuring retail inflation, is going live from February 2026. The Ministry of Statistics and Programme Implementation (MoSPI) has announced ...