Consumers faced escalating prices in March as the Iran war sent oil soaring and created a new level of challenges for the Fed ...

There were some encouraging economic developments this week that millions of Americans likely warmly welcomed. The unemployment rate in January, for example, declined to 4.3% as employers added more ...

Diccon Hyatt is an experienced financial and economics reporter. He's written hundreds of articles breaking down complex financial topics in plain language, emphasizing the impact that economic ...

WASHINGTON, April 15 (Reuters) - High oil prices are likely to keep underlying inflation nearly a percentage point above the ⁠Federal ⁠Reserve's 2% target for the rest of this year, with the ⁠U.S.

Gold has done exactly what its defenders promised over the past year, and the numbers explain why allocators are revisiting ...

The Fed’s preferred inflation gauge, the core PCE price index, climbed 3.0% year-over-year in February. On a monthly basis, core PCE rose 0.4%, as expected. The headline index rose 2.8% year-over-year ...

The core personal consumption expenditures price index rose a seasonally adjusted 3% in February, the Commerce Department reported. The all-items headline inflation measure increased 2.8%. In addition ...

Federal Reserve policymakers were mostly in agreement on the decision to leave interest rates unchanged despite two calling for cuts, though several signaled that rate hikes could be on deck if ...