The increase was in line with economists' expectations. In the 12 months through December, the PCE price index advanced 2.6%.
Indeed, Greg McBride, chief financial analyst at Bankrate, tells us that with this move, and future risk that the Fed resumes cutting rates if inflation pressures ease, there’s no benefit to waiting ...
Tedeschi's chart shows that when taken literally, Trump's campaign proposals could increase the average effective tariff rate ...
U.S. Inflation gauge rises as Trump's tariff threats loom, potentially pushing prices higher in coming months.
Plus, why Morningstar believes the Federal Reserve will cut interest rates this year more than the markets predict.
Trump said Powell and the Fed "failed to stop the problem they created with inflation" in a post on Truth Social on Wednesday ...
With the Fed pausing interest rates, prospective borrowers may be contemplating the short-term future of interest rates.
“The Fed’s prognosis is for a slower pace of monetary easing moving forward, as the economy is doing well and prices are only slowly returning to target in an environment of great uncertainty,” said ...
The latest inflation figures arrive as President Donald Trump has threatened to impose big import taxes on goods from Canada and Mexico.
A once-dominant BlackRock Inc. bond ETF is at risk of losing its crown as the biggest inflation-hedging product of its kind, ...
Rates are expected to drop in 2025, but a CD ladder can help you earn higher APYs on multiple CDs into the future while maintaining flexibility with your money.
The relative calm in the markets may not survive upheaval in the A.I. sector and a deluge of disruptive Trump policies, our ...