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While the overall reading on consumer prices was steady, a measure excluding food and energy categories rose to 3.1%.
A fresh reading on inflation showed tariffs are pushing goods prices higher for Americans, creating a dilemma for the Federal ...
The data that caused President Donald Trump to fire the head of the Bureau of Labor Statistics is being taken as serious ...
WASHINGTON (Reuters) -The very data that caused President Donald Trump to fire the head of the Bureau of Labor Statistics ...
Minneapolis Fed President Neel Kashkari said Tuesday that inflation remains too high and he is not ready to say there will be no more rate hikes.
The U.S. dollar ( DXY) held steady on Monday ahead of Tuesday’s deadline for the U.S. and China to strike a tariff deal. The ...
Michelle Bowman, the Fed’s Vice Chair of Supervision, has argued for three interest rate cuts in 2025, citing signs of a ...
At the same time, Minneapolis Federal Reserve President Neel Kashkari indicated that interest rate cuts may be necessary in the context of a slowdown in the US economy. Data on both initial and ...
A top Fed official that voted against the central bank's decision to hold interest rates steady last month has made another call for the Fed to begin cutting rates.
Bitcoin’s choppy early-week performance, shaped by macro-driven volatility, gave way to a decisive upswing after bullish US ...
Businesses that had been in a holding pattern during President Trump’s evolving trade war are starting to plan ahead with ...
A weak July jobs report could prompt the Federal Reserve to make its first interest rate cut of the year, as more officials ...