Fed chair Warsh says inflation is too high
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High gas prices pushed annual inflation to the highest level in three years, according to May data released by the Commerce Department on Thursday.
JPMorgan doubles down on 2026 outlook: Global growth rebounds to 2.5% while sticky inflation persists from Hormuz shock. No Fed rate cuts expected this year.
The Federal Reserve's preferred measure of inflation likely surged in May, putting the central bank's determination to keep prices stable to the test.
Fresh inflation data now suggests the challenge may be deeper and longer-lasting than many expected. Americans don’t need a press release to know that inflation is rising. Gasoline is above $4 per gallon amid the ongoing conflict in the Middle East and closure of the Strait of Hormuz,
Bank of America's fund manager survey shows record equity allocations and 40% expecting a Fed rate hike. Here's what the data says about the economy.
Inflation continued to rise in May, with the Personal Consumption Expenditures price index rising at an annual rate of 4.1%.
Inflation is rising — but U.S. consumers seem to be shrugging it off, for now. Limited time: Save 25% on NBC News subscription Get exclusive reporting, live Q&As and ad-free reading. A key measure of price growth accelerated in May as surging oil prices pushed costs higher.
An inflation measure closely followed by the Federal Reserve increased 0.3% in January, as the annual pace slowed to 2.8%, the Bureau of Economic Analysis said on Friday. The core personal consumption expenditures price index, stripping out food and energy ...
The latest CPI inflation data showed prices surged in March, largely powered by a double-digit rise in energy costs. While price growth outside energy was subdued, economists expect rising fuel costs to increase inflation in other categories in next month ...
Kevin Warsh, the new chairman of the Federal Reserve, attends a central banking forum in Portugal. Federal Reserve Chairman Kevin Warsh on Wednesday held firm on his new policy against offering signals of where rate policy is heading,
