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Core inflation hit an annual rate of 3.3% in April, as expected, Fed’s preferred gauge shows
Inflation remained a burden on consumers in April, with the latest pricing data suggesting that the Federal Reserve may continue…
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Markets raise chances for a Fed rate hike following hot inflation report
Traders shifted their expectations on Tuesday away from anticipating any Federal Reserve interest rate cuts, with a higher probability now…
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Inflation rate projected to hit 6% in the second quarter, top economic forecasters say
The recent survey conducted by the nation’s top economists suggests that the surge in inflation is expected to worsen over…
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Traders now see next Fed interest rate move as a hike following inflation surge
The construction of the Marriner S. Eccles Federal Reserve building in Washington, DC is currently underway, as seen in images…
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BofA drops blunt warning about Fed rate cuts
BofA Global Research has recently adjusted its Federal Reserve rate-cut forecast, pushing it to much later dates due to inflation…
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Hot CPI Data at 3.8% Threatens Rally as Fed Rate Cut Hopes Fade
The latest US inflation data released on Tuesday came as a surprise to the markets, with headline CPI rising 3.8%…
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GDP rose at 2% annual rate in first quarter as U.S. economy rebounds
The U.S. economy showed signs of improvement in the first quarter of 2026, with a 2% annual growth rate that…
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PCE inflation rate March 2026:
Consumers are feeling the pinch of escalating prices in March, as the Iran war has caused oil prices to soar,…
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GDP grew at a 2% rate in first quarter despite Iran war
The US economy showed signs of acceleration in the first quarter of 2026, with a modest 2% growth rate from…
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Here’s everything to expect when the Fed issues its latest interest rate decision Wednesday
Federal Reserve Chair Jerome Powell is expected to preside over what could potentially be his final meeting as chair of…
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