The central bank needs to see further progress on inflation or weakness in the labor market to resume interest rate cuts.

U.S. inflation increased by the most in eight months in December amid robust consumer spending on goods and services, ...

A spike in energy prices helped to lift the headline PCE price index in December. The combined cost of gasoline, electricity, ...

Most Gulf stock markets ended subdued on Wednesday in the wake of U.S. President Donald Trump's shock statement about taking ...

Inflation rose two-tenths of a percentage point to 2.6% for the year ending in December, the Bureau of Labor Statistics ...

Federal Reserve Chair Jerome Powell appears confident in the US labor market. But that means any signs of a slowdown could ...

US labor cost growth cooled in the fourth quarter from a year earlier, reassuring Federal Reserve policymakers wage pressures ...

Economists are betting that 2025 kicked off with cooler levels of job growth. But overall stable labor conditions should keep ...

But first a bit of background: The numbers in Friday’s jobs report most likely will change in the months (and years) to come. That’s just the nature of data collection, statistics and research: ...

Working households are feeling the lowest price pressures since 2020, as inflation eased across the country and even went ...

“The Fed’s prognosis is for a slower pace of monetary easing moving forward, as the economy is doing well and prices are only slowly returning to target in an environment of great uncertainty,” said ...