WASHINGTON – The Federal Reserve paused its interest rate cutting campaign Wednesday and gave no signal it plans to lower rates again in the near term amid uncertainty spawned by inflation and P ...

The Federal Reserve's preferred inflation gauge showed prices rose as expected in December, and it remains above the central bank's target level amid its ongoing efforts to wrestle down inflation.

The Federal Reserve’s preferred inflation gauge moved even higher in December, driven largely by rising energy prices as well as food. However, a closely watched measurement of underlying ...

Smoked brisket ramen ($16.50) is another standout special, this one also offered at Kansai throughout the winter. A cook at a ...

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.

Investors were particularly spooked by the fact that the Fed’s latest comments didn’t include the usual inflation “has made progress” statement that had previously reassured them that ...

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This rise was particularly pronounced in ambient food products, which saw a one per cent increase driven by higher prices for sugary products, chocolates and alcohol. Year-on-year figures show food ...

Simply sign up to the Global Economy myFT Digest -- delivered directly to your inbox. Central banks around the world are expected to lower borrowing costs as global inflation eases from the multi ...

The Fed also appeared to toughen its assessment of inflation, saying that it “remains somewhat elevated.” Both a healthier job market and more stubborn inflation typically would imply fewer ...