Inflation is proving stickier than expected, which could cause Fed to hit pause button on more interest rate cuts.

Consumer Price Index showed an acceleration to 2.9%, the highest rate since July. With such high inflation, the Fed is unlikely to cut rates in January.

An applied Friedmanite, Volcker understood that excess growth of the money supply was the root cause of this ...

The Federal Reserve is likely to hold interest rates steady in its coming decision out Wednesday.

Are we heading for a repeat performance of the resurrection of inflation that we saw in the mid-1970s? It sure appears to be ...

The Federal Reserve’s preferred inflation gauge moved even higher in December, driven in part by rising food and energy prices. However, a closely watched measurement of underlying inflation trends ...

Next week brings more inflation data, with both the consumer price index (CPI) and producer price index (PPI) readings for ...

After a two-day meeting of its monetary policy committee in Washington, the Fed announced it would hold its rate target at 4.25% to 4.50%.

Line graph showing various measures of inflation and the Federal Reserve's policy rate of interest. The latest Consumer Price Index report showed inflation rising slightly in December but was ...

The Bank of Japan (BoJ) is the Japanese central bank, which sets monetary policy in the country. Its mandate is to issue ...

Investors today will be listening to how Fed Chair Jerome Powell addresses the potential effect that President Donald Trump ...

The latest Consumer Price Index report showed inflation rising slightly in December but was driven by volatile energy prices, something the Fed tries to factor out in its analysis of underlying ...