US inflation increased by the most in eight months in December amid a surge in consumer spending, suggesting the Federal Reserve would probably be in no hurry to resume cutting interest rates soon.
Inflation continued to run hot in July, underlining the Federal Reserve's dilemma as it looks to lower prices for American consumers while propping up a job market that is starting to wobble. Prices ...
With October marking the largest inflation surge in the country in more than three decades, consumers are facing higher prices everywhere from restaurants to the gas pump to the grocery store. The ...
Inflation expectations are currently trending north, driven by the unraveling oil price shock, with a roughly 70% surge in ...
Gold settled down 0.7% Friday, and silver fell 2.2%, with both metals also posting losses for the week.