They forecast PCE inflation – which is a slightly different measurement than the well-known Consumer Price Index – to slowly decline to 2.5% by the end of 2026, from 2.8% in the most recent reading.

(Bloomberg) -- President Donald Trump’s rapidly evolving trade war threatens to resurrect an all-too-familiar question for the Federal Reserve: If inflation moves higher, will it be transitory?

The consumer price index rose 2.7% on an annual basis in November, the Labor Department announced Thursday. The results were ...

This transcript was prepared by a transcription service. This version may not be in its final form and may be updated. Luke Vargas: Hey, What's News listeners. It's Sunday, August 18th. I'm Luke ...

When Henry Kissinger asked for his opinion about the influence of the French Revolution, Chinese premier Zhou Enlai purportedly replied that two hundred years on it was “too early to tell.” Something ...

Markets have been on a seesaw of uncertainty related to the Federal Reserve's monetary policy on interest rates, as the central bank attempts to wrangle a stubborn inflation rate down to its target of ...

President Donald Trump’s rapidly evolving trade war threatens to resurrect an all-too-familiar question for the Federal Reserve: If inflation moves higher, will it be transitory? Trump’s decision to ...