For instance, research from the San Francisco Fed found that if consumers fear short-term inflation, they will push with all their power for higher wages. Companies would then have to raise prices to ...

The decision comes after the central bank trimmed rates three times starting in September 2024, which has pushed down the ...

Rupert Murdoch’s editorial writing team at the Wall Street Journal says America’s gold decor-loving, cash-carrying ...

Things aren‘t going as planned. Inflation just rose to an 18-month high, and the Fed has stopped saying that it‘s making “progress toward the 2 percent ...