As a condition ahead of the talks, Mexican President Claudia Sheinbaum laid out changes in border policies, and Trump ...

Wall Street is paring its losses after Mexico’s president said the United States will delay its tariffs on Mexican imports by ...

Inflation finished 2024 at 2.9%, a vast improvement over the 9% peak hit in June 2022. Using the Federal Reserve’s preferred ...

These are today's mortgage and refinance rates. Mortgage rates fell this week, but where they go next depends on inflation.

The Federal Reserve's preferred inflation measure showed price rises accelerated slightly in December, moving further away from the central bank's 2% target. The personal-consumption expenditures, or ...

Overall prices were up but core inflation held steady as consumers spent more, saved less and pushed more debt to credit cards.

Bowman said on Friday she expects declining inflation to allow further interest rate cuts this year, but feels many factors ...

WASHINGTON (AP) — An inflation gauge closely watched by the Federal Reserve rose slightly last month, the latest sign that some consumer prices remain stubbornly elevated, even as inflation is cooling ...

The Fed uses interest rates "like a gas pedal and a brake pedal," Forbes said. Lowering rates stimulates the economy; raising ...

Inflation rose two-tenths of a percentage point to 2.6% for the year ending in December, the Bureau of Labor Statistics reported Friday in an update to the personal consumption expenditures index, the ...

This brought the annual inflation rate to 2.9%, aligning with expectations ... Energy costs surged 2.6% in December, accounting for over 40% of the monthly increase in the CPI.

but analysts expect the monthly increase in core inflation may translate to an annual rate of less than 2%. Inflation “is getting close to what our 2% inflation target would be,” Fed Governor ...