Nicholas Jasinski

The latest reading of the Federal Reserve’s preferred inflation measure should confirm that price growth remained stubbornly above the central bank’s annual target. [The last round](https://www.barrons/arti

Follow live coverage and analysis of the October PCE inflation report.

Federal Reserve Chair Jerome Powell is about to deliver his final publicly scheduled comments on the state of the economy before the central bank’s last rate-setting meeting this year. Powell will be interviewed by Andrew Ross Sorkin at the New York Times DealBook Summit on Wednesday, beginning at 1:40 p.m. Eastern. The FOMC has lowered the federal-funds rate by 0.75 percentage point since September, leaving it at a target range of 4.5% to 4.75%.

Wholesale inflation data on Thursday are likely to be the latest setback in the last mile of the Federal Reserve’s inflation fight, but a December interest-rate cut will remain all but assured. Officials remain confident inflation’s long-term trajectory is toward the central bank’s 2% annual target, despite some bumps along the way. The Bureau of Labor Statistics will release the producer price index for November on Thursday at 8:30 a.m. ET.

It’s a near certainty among economists and investors that the Federal Reserve will lower interest rates for a third straight time on Wednesday, but what happens in 2025 remains a relative mystery. Officials’ forecasts for

Follow live coverage of the Fed's December FOMC meeting, interest-rate decision, 2025 economic projections, and chair Jerome Powell's speech on Wednesday.

Key inflation data on Friday should show some improvement in November, but will likely still emphasize that the Federal Reserve’s fight isn’t done yet. The central bank’s preferred inflation measure remains stubbornly ab

Federal Reserve officials see fewer interest-rate decreases in 2025 than they did three months ago, before the recent stretch of stronger-than-expected economic data and stubborn inflation pressures. They now expect benchmark rates to decline by half of a percentage point next year, down from the pr

The Federal Open Market Committee’s policy statement on Wednesday implied more uncertainty about the timing of future interest-rate decreases, as officials take in economic data and judge the paths of the economy and inflation heading into 2025. “In considering the extent and timing of additional a

Services prices cooled off in November, helping to slow the overall pace of inflation. That subset of the indexes has been the driver of price growth in 2024, as wage growth has continued apace. Housing-related costs are also classified as services—and have been a particular source of upward pressu