Jonathan Wright, a former Fed economist now at Johns Hopkins University, said the latest data "reinforces the picture of inflation getting stuck around 3% and that last percentage point becoming very ...
The Federal Reserve won’t cut interest rates again until it's convinced the rate of inflation has resumed slowing. Even a decline in the yearly inflation rate in January is not enough to persuade them ...
Investors have been concerned about the inflation picture in recent months, despite price increases slowing significantly since the middle of 2022. Some of the concern is due to President Trump's ...
Federal Reserve officials in January expressed their readiness to hold interest rates steady amid stubborn inflation and economic policy uncertainty. “Participants indicated that, provided the ...
Wall Street strategists cited details of the report that suggested a slightly more benign inflation picture. A gauge of wholesale prices rose more than expected in January, though some details of ...
A chart showing inflation, which was up 3 percent for a year through January, and inflation that excludes energy and food prices, which was up 3.3 percent. 10 Inflation 8 6 +3.3% excluding ...