The central bank needs to see further progress on inflation or weakness in the labor market to resume interest rate cuts.

U.S. inflation increased by the most in eight months in December amid robust consumer spending on goods and services, ...

A spike in energy prices helped to lift the headline PCE price index in December. The combined cost of gasoline, electricity, ...

Most Gulf stock markets ended subdued on Wednesday in the wake of U.S. President Donald Trump's shock statement about taking ...

Inflation rose two-tenths of a percentage point to 2.6% for the year ending in December, the Bureau of Labor Statistics ...

Working households are feeling the lowest price pressures since 2020, as inflation eased across the country and even went ...

US labor cost growth cooled in the fourth quarter from a year earlier, reassuring Federal Reserve policymakers wage pressures ...

Mortgage rates fluctuate daily, so a little volatility can always be expected. On Monday, the average rate on a 30-year fixed ...

The Federal Reserve’s preferred inflation gauge moved even higher in December, driven in part by rising food and energy prices. However, a closely watched measurement of underlying inflation trends ...

“The Fed’s prognosis is for a slower pace of monetary easing moving forward, as the economy is doing well and prices are only slowly returning to target in an environment of great uncertainty,” said ...

Gas prices in Utah surged by 9.3%. A gallon of regular gas went from $2.78 in January 2024 to $3.03 in January 2025. Utah ...