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Federal Reserve is likely to scale back plans for rate cuts because of still-elevated inflation

Federal Reserve officials on Wednesday will likely make official what’s been clear for many weeks: With inflation sticking at a level above their 2% target, they’re downgrading their outlook for

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Fed scales back plan to lower interest rates, citing inflation

The persistently high inflation numbers are giving economists at the Federal Reserve pause as they try to determine if they can lower interest rates.

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Inflation data this week could help determine Fed's timetable for rate cuts

WASHINGTON (AP) — After Federal Reserve officials meet this week, a statement they will issue may suggest that they’ve seen meaningful progress on inflation this year — a prelude to

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