It’s the U.S., not Europe’s banking system that’s a concern, top economists say
Europe learned its lessons after the financial crisis and is now in a strong position to weather further stress in its banking system, several economists...
Europe learned its lessons after the financial crisis and is now in a strong position to weather further stress in its banking system, several economists...
The personal consumption expenditures price index excluding food and energy was expected to rise 0.4% in February.
The expectation for cuts would be consistent with a recession and an accompanying fall in inflation.
Chairman Jerome Powell and his fellow central bankers will want to signal that it's important to continue the fight to bring down inflation.
Markets still expect the Fed to keep up its inflation-fighting efforts, despite high-profile bank failures that have rattled the financial system.
Excluding volatile food and energy prices, core CPI increased 0.5% in February and 5.5% on a 12-month basis.
The Federal Reserve will likely not raise interest rates at its March meeting as there is still a "boatload of uncertainty" said Mark Zandi of...
The producer price index was expected to increase 0.3% in February, according to Dow Jones estimates.