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The Federal Reserve kept its key interest rate unchanged as officials grappled with uncertainty caused by inflation and President Trump's plans. ... The current inflation rate, as of December, is ...
That would be well below the 40-year high of 9.1% in mid-2022 and modestly above the Federal Reserve’s 2% goal. ... “The still elevated annual rate of inflation, the strength in the labor ...
The Federal Reserve’s preferred inflation gauge moved even higher in December, driven largely by rising energy prices as well as food. ... It rose 0.2% from November and the annual rate of ...
The latest reading of the Federal Reserve's preferred inflation gauge showed prices increased in line with expectations in December as inflation remained above the Fed's 2% target.
A fresh reading from the Federal Reserve's preferred inflation gauge showed prices remained sticky in the final month of 2024, a new data point that likely reinforces a current wait-and-see ...
Lots of Fed officials in recent weeks have been urging caution on future rate cuts. In fact, the Fed’s December meeting minutes showed officials believed inflation could take longer than ...
The Federal Reserve lowered borrowing costs again at its final gathering of 2024, but officials cast doubt over how many more times they’ll be able to cut rates in the year ahead as inflation ...
The Federal Reserve cut interest rates for the second consecutive meeting but this time by a smaller quarter of a ... All of those yields beat the current annual inflation rate of 2.4 ...