The rate of inflation in May over the previous year.
Fed
Job gains continue to surge, and the unemployment rate remains low, but as the president seeks re-election, voters say they…
As officials at the Federal Reserve weigh whether and when to cut interest rates this year, they have been hoping…
The European Central Bank is widely expected to cut interest rates on Thursday. But how low it can go may…
Federal Reserve policymakers were still willing to raise rates if the economy surprised them, notes from their most recent meeting…
Fed officials still think their next move will be to cut rates, but they are not entirely ruling out the…
Hopes for substantial cuts in interest rates are fading as inflation shows more staying power than expected.
Rates on 30-year mortgages — the most common kind among U.S. homeowners — surpassed the 7 percent mark on Thursday,…
The Fed chair, along with the central bank’s No. 2 policymaker, stressed uncertainties over job growth and the persistence of…
We were surprised when inflation rose. We were surprised when inflation fell. And we were surprised again when inflation stopped…