January inflation gives Fed more reason to hold on interest rate cuts
In January, consumers grappled with higher prices, with shelter costs leading the way, but egg inflation rose to the highest level since 2015.
Fed hits pause on interest rate cuts for now
The Federal Reserve hit the pause button on further rate cuts and is not in a hurry to adjust its policy stance.
December inflation clouds Fed's outlook on interest rate cuts
Higher December inflation could make the case for a pause in interest rate cuts.
Biden cancels more student loans with one week left to his term
President Joe Biden's Administration canceled more than $183 billion in student debt days from the end of his administration.
November inflation increase won't derail Fed interest rate cuts
Inflation in November rose modestly, with housing costs continuing to be a major factor in price increases. However, the Fed is expected to proceed with an interest rate cut next week.
Will October's inflation increase slow the pace of interest rate cuts?
The Federal Reserve may reconsider the pace of interest rate cuts if inflation continues to rise.
Seniors to get moderate cost of living bump in Social Security payments next year
The Social Security Administration announced 2025's cost of living adjustment (COLA) to Social Security checks.
Fed cuts interest rates for first time in 4 years – here's what that means for your wallet
The Federal Reserve cut interest rates, signaling that it has won the fight against inflation.
Inflation hits 2.5% in August, keeping the Fed on track to lower interest rates
The annual inflation rate in August was 2.5%, but core inflation remained sticky at 3.2%, according to the latest Consumer Price Index (CPI) report.