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Measure of inflation closely tracked by Fed increased in April
A key index of U.S. prices ticked higher in April, and consumer spending rebounded, a sign that inflationary pressures in the economy remain high.
A June pause in rate hikes would be a close call for Fed officials, minutes show
Federal Reserve officials were divided on whether to pause their interest rate hikes at their upcoming meeting in June, according to meeting minutes.
Federal Reserve Chair Powell hints at a pause in rate hikes
Chair Jerome Powell indicated Friday that the Federal Reserve will likely forgo an increase in its benchmark interest rate.
Fed official: Inflation not easing fast enough toward 2% target
Inflation remains “stubbornly high” and is no longer making much progress toward the Federal Reserve's 2% target, a top Fed official said.
US prices stay high, showing inflation pressures persist
Consumer prices in the United States rose again in April, and measures of underlying inflation stayed high.
Inflation pressures remain persistent as consumers pull back
Key measures of prices and wages remained high in March, keeping the Federal Reserve on track to raise interest rates next week.
Top Fed official sees need for more interest rate increases
A senior Federal Reserve official said there has been little progress on inflation for more than a year and more interest rate hikes are needed.
Wholesale inflation pressures eased sharply last month
U.S. wholesale prices fell last month, a sign that inflationary pressures in the economy are easing.
Cheaper gas and food provide some relief from inflation
Consumer inflation eased in March, with less expensive gas and food providing some relief to households that have struggled under the weight of surging prices.
Job openings slip to 9.9M; a win in inflation fight?
U.S. job openings slipped in February to the fewest since May 2021, a sign that the job market may be starting to cool.
Key inflation gauge tracked by the Fed slowed in February
The Federal Reserve's favored inflation gauge slowed sharply last month, an encouraging sign in the Fed's yearlong effort to cool price pressures.
US wholesale inflation fell in February on lower food costs
Wholesale price increases in the United States slowed sharply in February as food and energy costs declined
