Fed’s Barkin Says CPI Data Show Inflation Headed Toward 2% Goal
Federal Reserve Bank of Richmond President Tom Barkin said fresh inflation data show the central bank continues to see ...
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Mortgage rates top 7% once again
With sticky inflation and rising bond yields, mortgage rates continue to move higher. The Mortgage Bankers Association, whose ...
Williams says 'it will take more time' to hit Fed's 2% inflation goal, but more rate cuts not ruled out
Inflation in the U.S.is “moving toward our goal of 2%,” but recent progress has been “choppy” and “it will take more time” to achieve success, the president of the New York Federal Reserve said ...
The VIX Slides as Investors Cheer CPI and Bank Earnings
That sound you heard coming from Wall Street on Wednesday? A huge sigh of relief following strong earnings from Dow ...
Here's the inflation breakdown for December 2024 — in one chart
The consumer price index, an inflation gauge, rose 2.9% on an annual basis in December 2024 on the back of higher food and ...
Easing Core Inflation Boosts Markets. Why It Doesn't Help Consumers Much—or the Fed.
The end of 2024 proved to be a mixed bag when it comes to inflation. Energy prices surged in December and food inflation levels remained more elevated than the summer—which likely left many consumers ...
Trump Pitches New ‘External Revenue Service’ Agency
President-elect Donald Trump announced plans to create a new government agency called the External Revenue Service (ERS) to ...
New inflation reading likely keeps the Fed on pause for now
Fresh inflation data released Wednesday is likely to keep the Federal Reserve on pause during its next policy meeting this ...
Sen. Bernie Moreno probes $22B in tax credits for luxury electric vehicles: ‘Obscene public policy’
More than 70% of EVs are now leased in America before being sold, many of which are taking advantage of a $7,500 tax credit ...