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US Inflation Slows to 2-Year Low as Energy Prices Continue Downward Trend

The annual inflation rate slowed to 4 percent in May, down from 4.9 percent in April, according to .

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Commercial Real Estate Exposure, Financial Pressures Could Result in Bank Consolidation, Yellen Says

More consolidation in the U.S. banking system would not be surprising considering the current environment, says Treasury Secretary Janet Yellen.

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Skipping Rate Hike Not a Signal That Tightening Is Over: Fed s Jefferson

The Federal Reserve leaving interest rates unchanged at next month's policy meeting might not signal a tightening end, says Fed Governor Philip Jefferson.

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Robust Consumer Spending Could Be Bad News for Inflation

Consumers are proving to be more resilient than many market experts had expected in the tough economic climate.

New yorkUnited statesSan franciscoTed rossmanJerome powellShannon seeryTim quinlanScott andersonJames bullardMarket committeeAmerican expressSan francisco fed bankCensus bureauFederal reserveAmerican gas associationCleveland fed bank inflation nowcasting

Federal Reserve s Key Inflation Gauge Unexpectedly Comes in Hotter

The Federal Reserve's preferred inflation gauge unexpectedly climbed in April, according to the Bureau of Economic Analysis (BEA).

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