The Personal Consumption Expenditure index, the Federal Reserve’s preferred inflation tracker, held steady in July. By Ben Casselman The stubborn U.S. inflation problem did not get much worse in July.
Inflation is expected to rise slightly in July, as declining oil prices and fading tariff concerns could help contain broader price pressures. Economists expect core inflation to pick up in July.
Federal Reserve chairman Kevin Warsh remains tight-lipped about where he thinks interest rates are heading — but investors took his tough talk about inflation at a closely-watched speech on Friday as ...
Federal Reserve Chairman Kevin Warsh used his Jackson Hole speech to give a more hawkish reading of inflation than he did after the July Fed meeting. Warsh recommitted to the Fed’s 2% PCE inflation ...
The Personal Consumption Expenditures index — the Federal Reserve's preferred inflation measure — held at a 3.7% annual pace in July, slightly higher than forecasted and reflecting persistent cost ...
The main inflation gauge used by the Federal Reserve to set U.S. interest rates rose at an elevated rate in July, pushing the central bank a step closer to a vote to raise interest rates in three ...
Fed Chair Kevin Warsh in his speech Friday at Jackson Hole avoided committing either to forward guidance or a reaction function for monetary policy. Instead, Warsh used the presentation as a broad ...
Monthly PCE rises 0.2% in July after 0.1% decline in June Annual PCE inflation unexpectedly held steady Fed funds futures imply about 40% chance of September rate hike after data Second-quarter ...
Federal Reserve Chairman Kevin Warsh reaffirmed the central bank's commitment to lowering consumer prices, acknowledging that inflation remains too high in a highly anticipated speech in Jackson Hole, ...
In a high-profile speech, Kevin M. Warsh said the Federal Reserve was chiefly responsible for taming inflation. If price increases do not return to the central bank’s target quickly, “we have work to ...
Inflation in the United States is holding steady well above the Federal Reserve’s 2 percent target for the 65th straight month, intensifying the debate about whether the US central bank should hold or ...
The Federal Reserve hiked interest rates in its September 2026 meeting. But we expect the Fed to return to rate cuts in 2027 and 2028, as inflation cools and economic growth slows. Lower interest ...