Inflation

The Bank of Japan policymakers expressed growing concerns about inflation risks and yen weakness during their January meeting, where they raised rates to a 17-year high of 0.5%, according to meeting summary notes released on Monday. Several board members emphasized the need for “timely and...

Editor’s Note: This article has been updated to correctly attribute the tariff announcement to the Trump administration. U.S. equity indices reversed earlier gains and fell into negative territory during Friday afternoon trading in New York after the White House confirmed that new tariffs on...

The Personal Consumption Expenditures price index, the Federal Reserve's preferred inflation measure, rose 2.6% in December 2024, according to data released Friday. While the data were in line with expectations, it marks the third consecutive increase in annual PCE inflation, following a low of 2.1...

A new Benzinga reader poll asks whether the Federal Reserve made the right call by keeping interest rates steady Wednesday, or if further cuts were needed. What Happened: After cutting rates three straight times to end 2024, the Fed kept the federal funds rate steady in January at 4.25% to 4.5%....

Editor’s note: This story has been updated with additional details. The Federal Reserve’s preferred inflation measure surged as predicted last month, quelling headwinds for the central bank’s goal of gradually reaching the 2% target, while a strong surge in personal spending...

Gold surged past $2,790 in Thursday morning trading, setting a new all-time high after eclipsing its late October 2024 peak. Central bank actions and rising demand for safe-haven assets fueled the metal's climb. Several major central banks have signaled a more dovish stance on inflation in recent...

President Donald Trump criticized the Federal Reserve’s handling of inflation and banking regulation on Wednesday, following the central bank’s decision to hold interest rates steady at 4.25%-4.5%. What Happened: In a Truth Social post, Trump pledged to combat inflation through expanded...

Editor’s note: This story has been updated with additional details. The Federal Reserve elected to keep interest rates unchanged at its Wednesday meeting, snapping a streak of three consecutive rate cuts that began in September. The federal funds rate remains in a target range of 4.25% to 4....

Caution dominates Wednesday's midday trading session in New York as investors anxiously await the Federal Open Market Committee decision at 2 p.m. ET. The Fed is widely expected to keep interest rates unchanged at 4.25%-4.5%. Market participants remain highly focused on any signals from Fed Chair...

The Federal Reserve is widely expected to keep interest rates steady at 4.25%-4.50% on Wednesday, but for Wall Street, the stakes couldn't be higher. After a brutal tech selloff erased trillions in market value on Monday and President Donald Trump ramped up pressure for immediate rate cuts last...

The Federal Reserve's first meeting of 2025 comes at a moment of elevated uncertainty, as a brutal tech sell-off erased trillions in market value and fresh tensions between President Donald Trump and Fed Chair Jerome Powell may threaten to shake interest rate policy in the months ahead. Tech stocks...

U.S. Vice President JD Vance acknowledged Sunday that Americans will need to wait before seeing relief from high grocery prices, despite the President Donald Trump administration’s flurry of executive orders in its first week back in office. What Happened: “Prices are going to come down...

President Donald Trump‘s announcement of potential 50% tariffs on Colombian imports is stoking fresh inflation worries among economists and lawmakers, as markets grapple with shifting monetary policy expectations. What Happened: Rep. Alexandria Ocasio-Cortez (D-N.Y.) criticized Trump’s...

Wall Street paused for a breather on Friday, with the S&P 500 index hovering around the flatline at midday trading in New York after a five-day rally that pushed the market to fresh record highs this week. Meanwhile, investor attention shifted to forex and gold markets. The greenback is...

A shift in the pace of U.S. private sector expansion marked the start of 2025, with the services sector unexpectedly cooling from its December highs while manufacturing rebounded into growth territory for the first time in seven months. However, as optimism builds among manufacturers ahead of the...