The U.S. Federal Reserve has a dual mandate. First, it's tasked with keeping inflation under control, which means ensuring ...

While the Fed is likely to keep interest rates unchanged next week, an encouraging February CPI report raises the odds for more easing later this year.

The U.S. Bureau of Labor Statistics (BLS) released the latest inflation report, based on the U.S. Department of Labor's ...

To cool the economy and bring inflation under control, the Fed embarked on an aggressive campaign to raise the federal funds rate during 2022 and 2023. The final hike was in August 2023, with the rate ...

Speaking to the U.S. Hispanic Chamber of Commerce, Fed Governor Adriana Kugler said consumer goods inflation remained at 2.5 ...

As part of the FOMC’s mandate, the Fed is making incremental changes to the federal funds rate to guide inflation closer to 2%. CPI data is one of the Fed’s measurements of our economy’s ...

The Federal Reserve is unlikely to cut interest rates this week despite growing concern about the state of the U.S. economy and the impact of President Trump’s trade agenda. Markets are expecting ...

Keeping inflation expectations under control is arguably a central bank's most important job. But it is also one of the most ...

The Federal Reserve has a dual mandate of promoting maximum employment and stable prices, which it tries to foster by ...

When the FOMC meets next week, members will have more to consider than inflation rate targets and the job situation. See why ...

The second major way the Consumer Price Index affects the economy is its effect on monetary policy. The Federal Reserve is charged with the goal of maintaining an inflation rate near 2%.

But inflation has barely budged in recent months, prompting the Fed to leave the rate unchanged. While inflation slowed unexpectedly in February based on the consumer price index, some economists ...