The ‘supercore’ inflation measure shows Fed may have a real problem on its hands
A hotter-than-expected consumer price index report rattled Wall Street Wednesday, but markets are buzzing about an even more specific prices…
Fed wants more confidence that inflation is moving toward 2% target, meeting minutes indicate
Federal Reserve officials at their March meeting expressed concern that inflation wasn’t moving lower quickly enough, though they still expected…
Hot inflation data pushes market’s rate cut expectations to September
As recently as January, investors had high hopes that the Federal Reserve was about to embark on a rate-cutting campaign…
Trump slams Biden for ‘raging’ inflation after hotter-than-expected March price report
Donald Trump on Wednesday pounced on President Joe Biden after March’s consumer price index came in higher than expected, notching…
Consumer prices rose 3.5% from a year ago in March, more than expected
The consumer price index accelerated at a faster-than-expected pace in March, pushing inflation higher and likely dashing hopes that the…
WTO forecasts rebound in global trade but keeps geopolitical risks in focus
The World Trade Organization on Wednesday said that it expects global trade to rebound gradually this year, before rising further…
A crucial report Wednesday is expected to show little progress against inflation
A closely watched Labor Department report due Wednesday is expected to show that not much progress is being made in…
