The war in Iran has sent American inflation
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The central bank's projection may be devastating to a historically expensive stock market.
The Federal Reserve’s preferred inflation gauge, the core PCE price index, climbed 3.2% year-over-year in March.
The Federal Reserve’s meeting this week was the most divisive in decades, a sign that President Trump’s pick to lead the central bank will face opposition if he pursues substantially lower interest rates.
The Federal Reserve’s preferred measure of inflation has, since 2000, used calculations that understate the impact on consumers and businesses.
The Federal Reserve Bank of Cleveland's inflation-forecasting tool points to an even faster increase in prices in April, which may eventually force the Federal Open Market Committee to act. Speculation about a quick end to the Iran war and strong earnings growth stemming from the evolution of artificial intelligence clearly has investors excited.
Readers weigh in on Kevin Warsh, CEO salaries in context, perspective on 30-year retirement periods, and the spiraling budget deficit.
The Fed is set to keep rates steady as Iran war risks and persistent inflation cloud the outlook for cuts or hikes.
A historic energy supply disruption has sent crude oil prices soaring -- but there's far more at stake than just higher prices at the pump.
The dollar rose on higher oil prices and demand for safe havens as the U.S. and Iran appear no closer to reaching a peace deal.