Economist Nouriel Roubini told CNBC that he expects core inflation in the United States to climb to 3.5% by the end of 2025. He said the second half of the year will bring weaker growth and possibly ...

Atlanta Federal Reserve President Raphael Bostic warned that effects of President Donald Trump's tariffs could cause ...

The Fed can’t decree credit easy or tight, and it can’t because there’s no credit by decree in the first place. Credit is ...

The U.S. economy added 147,000 jobs in June, beating analyst expectations, the Bureau of Labor Statistics reported.

The PCE price index was projected to rise 0.1% in May, with the annual inflation rate at 2.3%, according to the Dow Jones ...

The central bank is on a path to hold steady, reaffirming the view that the economy is in strong enough shape for ...

The Federal Reserve's targeted inflation measure ticked slightly higher in May, but the numbers didn't show a big ...

The U.S. is likely facing a period of elevated inflation that risks seeping into consumer psychology, with companies likely ...

Fed Chair Jerome Powell said tariff concerns delayed interest rate cuts, stating the central bank would have likely reduced ...

While the consumer price index is more commonly known, the Fed relies heavily on the PCE for deciding its stance on monetary ...

Federal Reserve Board Chairman Jerome Powell stated over the past few months that interest rates should not be lowered, as ...

The Federal Reserve’s preferred inflation gauge rose more than expected in May and the annual rate climbed further above central bankers' 2% goal, according to government data released Friday.