By two measures — the inflation rate and the Federal Reserve’s target for "price stability" — the statement is inaccurate.
Federal Reserve Bank of Chicago President Austan Goolsbee warned that rising inflation could pose a stagflation risk if tariff-induced price hikes prove persistent.
Weakness in the labor market is the main reason the Federal Reserve decided to cut interest rates by a quarter point last ...
Euro zone inflation accelerated last month on higher services prices and a smaller decline in energy costs, likely ...
The Bank of Canada expects to release baseline projections for the economy and inflation with its monetary policy report in ...
State officials confirmed to Gothamist that the checks, which will start arriving this week, are subject to federal income ...
Statistics Canada's inflation report for August suggested the upside risks to inflation had diminished. But those risks "had not gone away," said the minutes, which summarize five days of ...
STATEN ISLAND, N.Y. — Gov. Kathy Hochul’s inflation refund checks are being sent out beginning this week to 8.2 million ...
The delayed state budget also leaves thousands of retired state employees with uncertainty about a COLA this year.