inflation

Fed holds rates steady, takes less confident view on inflation

The Federal Reserve held its key interest rate in check Wednesday, reversing a recent trend of easing policy as it…

European Central Bank to cut rates again with Trump threat in focus

The European Central Bank is widely expected to kick off its 2025 meetings with another interest rate cut on Thursday,…

Fed meets for first time since Trump’s term started. What to expect

US Federal Reserve Chairman Jerome Powell speaks at a press conference after the Monetary Policy Committee meeting in Washington, DC,…

3 ways Trump’s first day as president could shift markets

With Donald Trump embarking on his second term, he could unleash a policy sea change as soon as he takes…

Stock market today: Indexes close lower as tech stocks tumble

US stocks dipped Thursday, led by a slide in tech stocks like Apple to partially erase strong gains from Wednesday.…

Fed Governor Waller sees potential for multiple interest rate cuts in 2025

Federal Reserve Governor Christopher Waller said Thursday that the central bank could lower interest rates multiple times this year if…

Here’s the inflation breakdown for December 2024 — in one chart

A customer browses eggs on partially empty shelves at a grocery store in Lawndale, California, on Jan. 2, 2025.  Patrick…

CPI inflation December 2024:

Prices that consumers pay for a variety of goods and services rose again in December but closed out 2024 with…

Wholesale prices rose 0.2% in December, less than expected

Customers shop for clothing at a Costco store on December 11, 2024 in Novato, California.  Justin Sullivan | Getty Images…

Fed Governor Bowman says December interest rate cut should be the last

Michelle Bowman, governor of the U.S. Federal Reserve, speaks during the Exchequer Club meeting in Washington, D.C., on Feb. 21,…