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The inflation trend line will determine how soon Federal Reserve officials start throttling back interest rates, which influence borrowing costs for consumers and businesses. "After getting stuck ...
The Fed's preferred inflation gauge showed price growth slowed in March, as the personal consumption expenditures (PCE) index ...
The Fed’s rate-setting Federal Open Market Committee will meet May 6-7. Trump has repeatedly demanded the central bank lower ...
The graph below depicts the U.S. unemployment rate (U-3 measure) from around 1948 to 2022. Shaded areas represent periods of recession. Generally, unemployment and inflation have an inverse ...
For context, a consistent CPI reading of about 0.2% each month would generally be in line with target inflation, economists said. Egg prices jumped about 8% in the month alone and are up 38% over ...