Browsing: inflation

The Federal Reserve’s preferred inflation index pulled further away from the central bank’s 2% target, underscoring the central bank’s wait-and-see-approach to lowering interest rates.Prices rose by…

US Federal Reserve Chair Jerome Powell testifies during a House Financial Services Committee hearing on “The Federal Reserve’s Semi-Annual Monetary Policy Report” on Capitol Hill in…

Fed keeps interest rates unchanged as it weighs inflation risks from tariffs Source link

Car interest rates are going up as the Fed quells inflation Source link

David Paul Morris/Bloomberg via Getty ImagesThe annual inflation rate increased slightly in May as an uptick in grocery inflation somewhat offset lower prices at the gasoline…

SAN RAFAEL, CALIFORNIA – APRIL 12: Eggs are displayed at a Safeway store on April 12, 2023 in San … More Rafael, California. According to a…

Mortgage rates came down after a softer-than-expected CPI print.But only a little bit. Instead of a 30-year fixed quote of 7%, you might see 6.875% instead.It’s…

4 ways to “give yourself a raise” when inflation keeps cutting your pay Source link

Lisa Cook, governor of the US Federal Reserve, speaks during a Fed Listens event in Washington, DC, US, on Friday, March 22, 2024. Al Drago | Bloomberg…

Federal Reserve officials at their meeting earlier this month worried that tariffs could aggravate inflation and create a difficult quandary with interest rate policy, minutes released…