Discover how the BEAs new inflation tracking changes impact the PCE price index and what this means for future Federal Reserve interest rate decisions.
On Wednesday, newly appointed Federal Reserve Chairman Kevin Warsh pledged to lawmakers during a high-stakes congressional hearing in Washington, D.C., that the central bank will deploy all necessary tools to…
In June 2026, U.S. consumer inflation cooled more than economists anticipated as a sharp decline in gasoline prices offset previous energy-driven spikes, offering temporary relief to households and policymakers alike.…
On Wednesday, Bank of America CEO Brian Moynihan dismissed mounting Wall Street recession fears during an interview on the New York Stock Exchange floor, arguing that the resilient U.S. economy…
On Tuesday, Federal Reserve Chair Kevin Warsh declared to House lawmakers that the central bank has "no tolerance" for persistently elevated inflation, defending the Fed's decision to hold interest rates…
Federal Reserve Governor Christopher Waller warned on Wednesday that the central bank may need to hold interest rates at their current high levels for longer than expected, or potentially raise…
Discover how the Wall Street Journal economic forecasting survey aggregates expert predictions to shape market expectations and guide financial decisions.
A newly released Wall Street Journal survey of top economists reveals that while the U.S. economy has successfully dodged the worst-case recessionary fears triggered by recent Middle East conflicts, it…
American consumers hoping for a swift end to years of inflationary pressures face a harsh reality check as structural economic shifts and global supply chain strains are expected to keep…