July CPI rose 2.7%, signaling stable inflation, but rising core prices and economic pressures raise the chances of a Fed rate ...

Former Bank of England governor Lord Mervyn King insisted that UK inflation targets were symmetrical around a 2 per cent target so that central bankers had no incentive to become “inflation nutters”, ...

Inflation likely ticked up in July for the third straight month as tariffs lift the cost of imported goods such as furniture, ...

The Federal Reserve is considering candidates including Michelle Bowman and Philip Jefferson to succeed Jerome Powell as ...

Others who remain under consideration include Kevin Hassett, Fed Governor Christopher Waller, economist Marc Sumerlin and ...

US CPI data is in focus as Fed rate cut speculation continues to churn. Stocks may fall as the US dollar gains if inflation ...

Treasury Secretary Scott Bessent will personally interview the leading candidates to take over as chair of the Federal Reserve when the job becomes available ...

Federal Reserve Chair Jerome Powell has said that while he and his colleagues look at the "totality" of the data, the best gauge of the health of the labor market is the unemployment rate. That’s ...

Monday closed down -0.25%, the Dow Jones Industrials Index ($DOWI) (DIA) closed down -0.45%, and the Nasdaq 100 Index ($IUXX) ...

According to the key gauge of investor sentiment, the CME FedWatch survey, an overwhelming 86.5% of interest rate traders anticipate a 25-basis point reduction in the federal funds rate in September.

The economy faces problems more pressing than inflation.