As part of the FOMC’s mandate, the Fed is making incremental changes to the federal funds rate to guide inflation closer to 2%. CPI data is one of the Fed’s measurements of our economy’s ...

The Consumer Price Index in March rose 2.4% on an annual basis, showing progress in the Federal Reserve's battle to bring down inflation to a 2% rate. The CPI was forecast to rise 2.6% last month, ...

President Donald Trump could be setting up Fed Chair Jerome Powell as a 'scapegoat' if a recession hits, according to an MSU ...

Inflation slowed sharply in March, new data showed Thursday, underscoring the continued strength and resilience of the economy ahead of President Trump’s aggressive trade moves.

This is one reason the Federal Reserve prefers the PCE over the CPI. It includes a wider assortment of items covering a larger percentage of the U.S. population. While the CPI and PCE generally ...

According to the CME Group 's FedWatch tool, which calculates the probability of the central bank's potential decisions based on the interest rate futures market, there could be four cuts before 2025 ...

But Wall Street analysts caution that it won't be long before higher import levies — including new penalties on China — kick in.

Inflation slowed dramatically in March, even though Trump had warned he'd be imposing additional tariffs.

Inflation slowed faster than expected last month, potentially giving the Federal Reserve space to lower interest rates should economic shakiness lead to sudden job losses. The Consumer Price Index ...

The Bureau of Labor Statistics on Thursday said that the consumer price index (CPI ... progress in bringing inflation closer to the Federal Reserve's 2% target in recent years.

The core CPI inflation is seen a tad lower at 3% last month. The inflation data could influence the Fed’s rate outlook and the US Dollar’s performance. The United States (US) Bureau of Labor ...