Key inflation data on Wednesday is “make or break” for the central bank to hike interest rates again next week, Commonwealth ...
As extreme weather becomes more common, price spikes once seen as temporary may become something more lasting — and further ...
U.S. consumer confidence unexpectedly edged higher in April amid a rally in share prices following a ceasefire in the war ...
To me, it’s the worst it’s ever been.” More than 1,000 miles away in Columbus, Ohio, Saeed Nassef runs a local homebuilding ...
Central bankers have always sliced and diced inflation statistics to burnish their record of hitting targets over time. But ...
Increased input costs due to geopolitical conflict in West Asia and unseasonal rain in March negatively impacted volumes of ...
On April 9, the state government notified a 35 per cent hike in minimum wages across categories — raising the monthly pay for ...
The Federal Reserve aims to keep the inflation rate steady at around 2% per year, as measured by the core Personal Consumption Expenditures Price Index (PCE). The core PCE recently ticked higher ...
This story about the February 2026 PCE inflation is developing and will be updated with more details. The Federal Reserve's preferred inflation gauge remained stubbornly high in February as consumers ...
Federal Reserve Bank of Chicago President Austan Goolsbee thinks that the Iran war risks fueling inflation, which would make it harder for the central bank to ease interest rates in 2026. Goolsbee — ...