Fed Projects One Rate Cut This Year
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U.S. stocks slumped after a report said inflation was primed to worsen even before the war with Iran sent oil prices spiking
The Federal Reserve kept its key interest rate unchanged Wednesday and Chair Jerome Powell highlighted the increasingly uncertain outlook for the U.S. economy and inflation in the wake of the Iran war,
By Promit Mukherjee and David Ljunggren OTTAWA, March 18 (Reuters) - The Bank of Canada on Wednesday kept its key policy rate on hold as widely expected but Governor Tiff Macklem said the central bank was ready to raise rates to prevent higher energy prices becoming persistent inflation.
The worst U.S. inflation outbreak in a generation turns five years old this month, a defining economic shock that is still driving policy debates.
President Donald Trump inflated his administration’s success in reducing inflation at his Feb. 24 State of the Union address, falsely claiming he inherited "record levels" from
The consumer price index was rose 2.4% in February 2026, above policymakers' target, economists said. War in Iran complicates the picture.
WASHINGTON — U.S. consumer prices increased in December, lifted by higher costs for rents and food as some of the distortions related to the government shutdown that had artificially lowered inflation in November unwound, cementing expectations the ...
These numbers come from the real-time price aggregator Truflation, which monitors millions of prices daily. That is orders of magnitude higher than the Bureau of Labor Statistics (BLS), which observes only a few thousand prices three times per month.
In only five states home insurance rate hikes did not outpace inflation between 2020 and 2025.