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The Fed's preferred inflation measure moved no closer to its 2% target in July, emphasizing the policy challenge the Fed faces as it prepares for a possible interest-rate cut in September. The ...
The Federal Reserve is monitoring new inflation data as it weighs potential interest rate adjustments due to a shaky job market and ongoing economic challenges. We're looking at core inflation, which ...
Inflation continued to run hot in July, underlining the Federal Reserve's dilemma as it looks to lower prices for American consumers while propping up a job market that is starting to wobble. Prices ...
Cryptocurrencies are becoming a core part of the economy in Venezuela as citizens turn to digital assets to shield themselves from a collapsing currency and tighter government controls. From small ...
Diccon Hyatt is an experienced financial and economics reporter who has covered the pandemic-era economy in hundreds of stories over the past two years. He's written hundreds of stories breaking down ...
Federal Reserve Chair Jerome Powell opened the door for the central bank to cut rates as soon as September. WSJ’s Nick Timiraos breaks down key moments from Powell’s Jackson Hole speech. Photo: David ...
Many Arizona retirees could get a break if current inflation trends persist for a few more months. The reason: The Phoenix-area inflation rate is running noticeably below the projected COLA or cost-of ...