In the wake of better-than-expected Consumer Price Index (CPI) numbers released last week, Federal Reserve Gov. Christopher Waller on Sunday confirmed that the central bank may consider slowing ...
The USD/MXN exchange rate has recently pulled back, ending the strong Mexican peso sell-off a few weeks ago. It retreated from this month’s high of 20.93 to the current 20.40 and is hovering near its lowest point since December 26.
The Federal paused rate cuts after its first meeting of the year — here’s what that means for your credit card, mortgage rate, auto loan and savings account.
which bases its calculations on the Consumer Price Index, a widely used indicator for inflation. Members of the Federal Reserve Board of Governors are appointed by the U.S. president and confirmed ...
President Trump campaigned on the promise to bring down the U.S. cost of living. That could be easier said than done.
Energy costs drove much of the increase, with gas prices up by 4.4 percent from November. Other factors contributing to the rise include continued increases in rent, higher used car prices, and rising food prices at both grocery stores and restaurants. Despite rising costs, wages are growing at a faster rate than inflation.
Knowing when to switch bank accounts can be stressful, especially as inflation rises. Find out how to know it's time to switch.
Inflation likely accelerated in December, putting pressure on the Federal Reserve to keep interest rates relatively high.
Long Island economy will depend on how uncertainties unfold. Foremost are the fiscal policies enacted by President Trump and the monetary policies of the federal reserve.
Economists expect that real GDP grew about 2.3% in the period, below the third quarter’s growth rate, due to a trade deficit in goods.
GDP growth slowed moderately in Q4, while the Federal Reserve's inflation gauge stayed on a recent positive trend. S&P 500 futures rose.