While the reading was cooler than expected, consumers still saw higher costs for computers, ​appliances​ and hospital care.
At Wednesday afternoon’s press conference following the two-day conclave of the FOMC, Fed chair Powell repeatedly invoked two words. Those words were: uncertainty, and transitory. Even if the ...
Economic projections the Fed released Wednesday indicate that while officials see inflation moving up this year more rapidly than previously expected, they also expect the trend to be short-lived. The ...
The disconnect between academic theory and market reality has never been wider. While mainstream economists warn of ...
President Donald Trump’s ever-changing trade policy has led pervasive uncertainty to take hold across the economy, with questions swirling about rising inflation and how the inevitable next set of ...
Economic projections the central bank released Wednesday indicate that while officials see inflation moving up this year more rapidly than previously expected, they also expect the trend to be ...
The "good ship Transitory," despite an ominous record, appears ready to sail again for the Federal Reserve. Economic projections the central bank released Wednesday indicate that while officials see ...