August CPI showed a 0.4% monthly rise, pushing year-over-year inflation to 2.9%, the highest in eight months. Food and durable goods inflation accelerated, while services and housing inflation ...
Inflation is on the rise again. That was the major economic takeaway on Friday morning after the Bureau of Labor Statistics released its delayed reading on inflation for September. Released later than ...
Data collection issues skewed the latest Consumer Price Index report, economists warned, clouding the picture for the Federal Reserve as it also grapples with a cooling labor market.
Inflation has eased, but is still running high. Here's an easy way to tell if your savings account is losing ground, along with a simple move to help your money hold its value.
The Federal Reserve cut rates by 25 basis points and projects gradual reductions through 2028, with a long-term target of 3.0%. Inflation is expected to remain slightly elevated, with 2026 projections ...
The Federal Reserve on Wednesday cut interest rates for the first time in 2025 and released policymakers' quarterly forecast of economic conditions that shows the potential outlook for further rate ...
Mortgage interest rates have given homebuyers and homeowners some breathing room in recent weeks. After climbing to painful highs earlier this year, borrowing costs have started to ease as the Federal ...
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Rescue the job market or stop inflation? A rate cut from the Fed this week could hit your wallet — and your paycheck
What’s worse: a weak job market or stubborn inflation? Most people would say they don’t want either. Rising prices make it harder to afford the things you need, even when you’re working. A weak job ...
Diccon Hyatt is an experienced financial and economics reporter. He's written hundreds of articles breaking down complex financial topics in plain language, emphasizing the impact that economic ...
3% mortgage rates are unlikely to return soon. Current low-rate mortgages are causing a "locked-in" effect. Housing affordability remains a significant challenge, especially for first-time buyers.
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