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The University of Michigan's survey showed consumers' one-year inflation expectations jumped to 3.3% in January, the highest level since May, from 2.8% in December. "For both the short and long ...
"With inflation coming broadly in line with expectations, the pressure is off." "Tomorrow is likely to be the first FOMC meeting since March 2022 without a policy rate hike.
Respondents to the regional Fed bank's survey of consumer expectations in November see inflation a year from now at 3%, versus the 2.9% expected in October, while inflation in three years is seen ...
U.S. consumer prices increased less than expected in April, suggesting that inflation resumed its downward trend at the start of the second quarter in a boost to financial market expectations for ...
According to updated economic forecasts from the Fed's Summary of Economic Projections (SEP), the central bank sees core inflation hitting 2.5% next year, higher than its previous projection of 2. ...
Monthly inflation readings of 0.2% over time are necessary to bring inflation back to target. U.S. Treasury prices rose, with the yield on the benchmark 10-year note backing away from a five-month ...
Inflation concerns took a back seat in recent months as the central bank shifted focus toward what appeared to be a deteriorating labor picture. But with September's jobs report crushing ...
The University of Michigan’s latest consumer survey released Friday showed that Americans’ long-run inflation expectations rose to 3.2% this month, the highest level since 2011.