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Search results for: "Federal Reserve". 11 articles found.
Welcome to The Hill's Business & Economy newsletter {beacon} Business & Economy Business & Economy The Big Story Key inflation gauge rises in June as Fed prepares to meet The Federal Reserve's preferred gauge of inflation rose slightly last month, as more data has shown halting progress. Getty Images The Commerce Department released...
Investors assessed the release of June inflation numbers that are closely watched by policymakers ahead of next week's Federal Reserve meeting.
An important gauge for the Federal Reserve showed inflation eased slightly from a year ago in June, helping to open the way for a widely anticipated September interest rate cut.
ABC News - 14 hours 10 min agoThe Federal Reserve's favored inflation measure remained low last month, bolstering evidence that price pressures are steadily cooling and setting the stage for the Fed to begin cutting interest rates this fall...
A key measure of inflation continued to cool in June.
The Federal Reserve's preferred gauge of inflation rose slightly in June, according to new data from the Commerce Department released Friday. The personal consumption expenditures (PCE) price index rose 0.1 percent last month and 2.5 percent over the past year. Core PCE, which excludes more volatile food and energy prices, was up 0.2 percent in...
A leak has revealed pro-bitcoin Republican senator Cynthia Lummis is drafting legislation that would require the U.S. Federal Reserve to hold bitcoin as a "strategic reserve asset"...
The Onion - 16 hours 39 min agoNew data showed that the share of credit card balances that are past due reached the highest level since the Philadelphia Federal Reserve began tracking it in 2012, indicating that people are struggling to pay off their credit card debt even as many trim their spending. What do you think? Read more...
The Federal Reserve's favored inflation measure remained low last month, bolstering evidence that price pressures are steadily cooling and setting the stage for the Fed to begin cutting interest rates this fall. Prices rose just 0.1% from May to June, the Commerce Department said Friday, up from the previous...
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