US consumer price increases accelerated last month with inflation ...
3 days ago · Inflation has fallen sharply since it peaked at 7% in mid-2022, according to the Fed’s preferred measure. Yet yearly core inflation has fluctuated between 2.6% and 2.8% since …
Federal Reserve officials signal cautious path ... - Associated Press News
4 days ago · WASHINGTON (AP) — With inflation still elevated, Federal Reserve officials expressed caution at their last meeting about cutting interest rates too quickly, adding to …
Fed's preferred inflation gauge rises to 2.3% annually, meeting ...
3 days ago · Fed policymakers target inflation at a 2% annual rate; PCE inflation has been above that level since March 2021 and peaked around 7.2% in June 2022, prompting the Fed to go …
Federal Reserve issues FOMC statement
Nov 7, 2024 · The Federal Reserve, the central bank of the United States, provides the nation with a safe, flexible, and stable monetary and financial system. ... Inflation has made progress …
The Fed cuts key rate by half-point, signaling end to its inflation ...
Sep 19, 2024 · Inflation has tumbled from a peak of 9.1% in mid-2022 to a three-year low of 2.5% in August, not far above the Fed’s 2% target. The Fed’s policymakers also signaled that they …
Fed cuts key interest rate a quarter-point but signals ... - NBC News
Nov 7, 2024 · The Federal Reserve announced Thursday it was lowering its key interest rate by a quarter-point — a widely expected move that coincides with inflation approaching the central …
Federal Reserve News Fed Raises Rates at a Slower Pace: Live …
Dec 14, 2022 · The forecasts showed that Fed officials expect inflation to remain higher for longer than they thought a few months ago. They now expect consumer prices to rise 3.1 percent …
Federal Reserve officials signal cautious path for rate cuts ... - ABC News
4 days ago · Inflation fell to 2.1% in September, down from a peak of 7% in mid-2022, providing Fed officials with the confidence to implement a steep half-point reduction in its key rate that …
Fed’s Favored Inflation Gauge Picks Up, Backs Cautious Approach
3 days ago · The Federal Reserve’s preferred measure of underlying inflation accelerated in October from a year ago, helping explain policymakers’ more cautious approach to lowering …
Inflation Slowed in May, Good News for Consumers and the Fed
Jun 12, 2024 · Just hours before the release of the Federal Reserve’s latest rate decision, fresh inflation data showed that price increases slowed notably in May. The new report is a sign that …