Top economists: Consumer price inflation could hit 6% by mid-year
The Iran War, a noisy jobs report and record stale listings make a difficult market harder to read
Inflation rose at an annual rate of 2.7% in December, leading many to believe the Fed will hold rates steady this month. But if market conditions cool, a March rate cut may be in the cards
The 9-3 split vote reflects differing views on whether the central bank's biggest worry is inflation or rising unemployment, with data lagging after the government shutdown
The latest CPI reading is in line with expectations, but progress in the fight against inflation has stalled, economists warn. A slower pace of easing might keep mortgage rates above 6% in 2025
The Federal Reserve's preferred inflation gauge moved in the wrong direction last month for the first time since September, but core inflation fell for the 13th consecutive month, to 2.8%
Purchase loan applications surged for the second week in a row last week, but now rates are headed back up as worrisome inflation data casts doubts on timing of Fed rate cuts
Inflation rose 0.4% in February to an annual rate of 3.2%, with shelter and gas costs contributing substantially to the uptick, according to the the Bureau of Labor Statistics' Consumer Price Index
Rates for several types of mortgages fell more than half a percentage point Thursday, with 30-year fixed-rate mortgages averaging 6.62%