Wednesday’s report shows inflation edged up at a 2.6 percent annual rate in October, compared with a 2.4 percent gain in the previous month.
Liberal economist Larry Summers warned that inflation is still not fixed and that a Trump administration could make things even worse.
While Fed officials didn’t comment on President-elect Donald Trump's proposed policies, they said the central bank was in a ...
Inflation accelerated slightly for the month of October, sparking concern the Fed could pause its interest rate-cutting cycle ...
The Fed has started to cut interest rates since September in response to easing inflation — and economists still expect ...
By Ann Saphir (Reuters) -After a scare earlier this year that the U.S. labor market might be cooling too fast, some Federal ...
Forecasters had expected lingering inflation in October. How will the new numbers affect the next Federal Reserve decision on ...
October's consumer price index was expected to show inflation heating up at a 2.6% rate.
The Fed may have only one rate cut left in December before taking a pause from its easing path, said Skyler Weinand, chief ...
The Federal Reserve might have to rethink another cut at its December meeting if inflation surprises 'to the upside' over the ...