“Core” C.P.I., which more closely reflects underlying inflation by removing volatile food and energy prices, also showed ...
US headline inflation came in a lot hotter than expected in January, rising 0.5% month-on-month versus the 0.3% consensus.
The graph below uses historical FDIC data ... CD rates tend to move with the federal funds rate. When the Federal Reserve increases its benchmark rate, interest rates across the economy, including ...
Jerome Powell made it clear this week the Federal Reserve is in “no hurry” to cut U.S. interest rates in light of lingering inflation and a strong economy. The January report on consumer prices is ...
U.S. President Donald Trump is getting his wish that interest rates drop across the world, just not at home where a strong ...
WASHINGTON — After three successive interest rate cuts, the Federal Reserve ... but in recent months has hovered near 3%. The ...