They forecast PCE inflation – which is a slightly different measurement than the well-known Consumer Price Index – to slowly decline to 2.5% by the end of 2026, from 2.8% in the most recent reading.
Inflation is a word you hear all the time. However, many people don't fully understand how it works or how it impacts their ...
Excluding volatile food and energy prices, so-called core inflation was 2.9%, up from 2.6% in the April-June quarter.
Gold prices are nearing record highs bolstered by lower US inflation data, with analysts predicting significant rate cuts ...
Inflation has eased, but is still running high. Here's an easy way to tell if your savings account is losing ground, along with a simple move to help your money hold its value.
However, other analysts and some top investment banks on Wall Street remain bullish about next year, believing that there's ...
Data collection issues skewed the latest Consumer Price Index report, economists warned, clouding the picture for the Federal Reserve as it also grapples with a cooling labor market.
MILLIONS of households will feel a sense of relief tomorrow as interest rates are expected to be cut. It is widely ...
The best fixed rate savings account, from Kent Reliance, pays a rate of 4.51 per cent for 12 months, so consumers who put ...
Wages are indeed rising, though perhaps not at the pace implied. According to the Bureau of Labor Statistics, Americans’ ...
The latest Consumer Price Index was below what economists had expected and likely reflects what they called distortions ...
This has been a big week for Australia. We should not underestimate what a profound shift we have seen from the RBA this week ...