The Federal Reserve is likely to keep interest rates on hold in the near term following another inflation reading that didn't make things any easier for the central bank. A new look at the Consumer Price Index (CPI) for April showed that prices remained sticky despite some signs of cooling,

Tamer-than-expected inflation and a significant de-escalation of a U.S.-China trade war are easing fears of a sharp squeeze on American households and businesses in coming months, prompting Wall Street firms to pare predictions of a recession and giving the Federal Reserve room to leave interest rates where they are.

The Consumer Price Index jumped 2.3% in April from the year before, below March’s 2.4% increase, the Bureau of Labor Statistics said Tuesday.

These are today's mortgage and refinance rates. Mortgage rates often drop when inflation eases. But we still haven't seen the full effects of tariffs.

Considering Tuesday’s inflation reading from the consumer-price index, or CPI, the Federal Reserve might not cut interest rates at all in 2025, according to Lazard’s Ronald Temple. “April is likely to

The Fed's preferred inflation gauge showed price growth slowed in March, as the personal consumption expenditures (PCE) index trended closer to the central bank's target.

Inflation cooled for the third straight month in April even after some of President Donald Trump’s tariffs took effect, though economists and many business owners expect inflation will climb in

The inflation backdrop improved in April, with a slight annual decrease reflected in the consumer-price index based on a 2.3% yearly rate. But that doesn't necessarily give the Federal Reserve an all-clear to cut rates next month,