Price Index for August showed that core inflation continues to be above the Federal Reserve's 2% long-term target at 2.7%.

Slowing inflation in August buttressed arguments Federal Reserve officials used in defense of their decision to lower ...

The Federal Reserve will begin a rate-cutting path, as soon as Sept. 18. Inflation and the economy remain hot topics in the ...

Pandemic-era inflation peaked at 9.1% in June 2022, the highest rate since November 1981. The Federal Reserve aims for a 2% annual inflation rate over the long term. Fed officials don't expect ...

The September jobs report shocked economists with 254,000 new jobs added over the month, over 100,000 more than expected.

(NewsNation) — The Federal Reserve has cut its benchmark interest rate for the first time in more than four years, which will ...

A line chart that compares key inflation metrics over the past five years. The Fed had kept its policy rate in the 5.25%-5.50% range since last July, when it ended an 18-month rate-hike campaign ...

Mortgage rates roughly parallel the 10-year yield but at a higher level, and a daily measure of mortgage rates also ticked up ...

10 Inflation 8 6 +3.2% excluding Inflation continued to recede in August, paving the way for the Federal Reserve to lower interest rates for the ... A bar chart showing the July-to-August changes ...

Fed officials also said “inflation has made further progress ... central bank monetary policy changes. Mortgage rates are likely to chart a “a gradual, steady decline” over the next ...

As inflation rates have fallen from multi-decade highs recently, they have started cutting interest rates. On Wednesday, the ...

The annual rate of inflation reached 11.1% in 1974 ... according to an online inflation calculator from the Minneapolis Fed. Run the numbers, again, to show the low inflation years that we saw ...