Inflation cooled to 2.4% in January, nearing a five-year low as gas prices fell and rent growth slowed. While easing price ...
Will the decline in inflation help lower mortgage interest rates? Here's what borrowers need to consider right now.
The slightly lower number for January reflects smaller price increases for shelter and food, as well as a decrease in energy ...
A decline in the rate of price increases is good news for Americans who have grappled for years with rising costs of living.
The impact of the AI industry on electricity prices has turned into a major political flashpoint ahead of the midterm elections this November.
U.S. Bureau of Labor Statistics figures showed that in North Jersey, inflation rose 2.9% in January, the lowest level since December 2023.
President Trump and top White House officials are ramping up pressure on the Federal Reserve to cut interest rates after two surprisingly strong economic reports. Data released by the Labor Department ...
Kevin Warsh might try to cut interest rates despite inflation concerns given AI-driven productivity gains. Three economic ...
Inflation eased to 2.4% in January, the lowest in 8 months, raising speculation the Fed may revisit its steady interest rate stance in March.
Chicago Fed president Austan Goolsbee said after January's inflation data that further progress is needed before the Fed cuts ...
Today, the mortgage interest rate on a 30-year fixed mortgage is 6.02%, according to the Mortgage Research Center, while the ...