Gallup’s annual Economy and Personal Finance poll found that, in 2024, respondents named inflation as the most important financial problem they face today. And despite some optimism that the economy will soon improve, a 2025 Allianz Life study found that 60% of Americans believe inflation will get worse this year.
Since officials first cut rates in September, inflation has made uneven progress back down toward the central bank’s target. Meanwhile, investor expectations of inflation one and two y
Gold traded in a relatively narrow price range on Thursday as investors focused on U.S. President Donald Trump's tariff plans and a key inflation report for monetary policy cues.
President Donald Trump wasted no time criticizing the Fed after it held rates steady Wednesday, arguing Jerome Powell and the central bank 'failed to stop the problem they created' on inflation.
US stocks fall after the Fed held rates steady but suggested the inflation drop has stalled. Meta, Tesla and Microsoft report earnings after the bell.
During his inauguration speech, President Trump promised to use his federal powers to "defeat what was record inflation and rapidly bring down costs and prices." Read More: Here's What
The Consumer Price Index report for January is expected to show broadly unchanged annual inflation according to nowcasts. That may be broadly good news for the Fed.
Rising food and housing costs have hit the lowest-income Americans the hardest in recent years.
Investors are snapping up crude oil futures as a hedge against the risk that U.S. President Donald Trump's threatened trade tariffs will cause a resurgence in global inflation, adding momentum to a recent rally in oil prices sparked by a tightening of sanctions on Russia.
Inflation was a driving force behind Donald Trump's election victory, but he's put the issue on the back burner during his first week in office.
The Bank of England looks likely to cut interest rates next week, when it could also nudge investors to expect faster reductions than they currently predict as the economy flatlines.