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    • Inflation Took Off During First Quarter

      Inflation Took Off During First Quarter

      Barrons.com· 5 hours ago

      The Federal Reserve’s preferred inflation gauge, the personal consumption expenditures price index, grew at an annualized rate of 3.4% in the first...

    • The Dream of Fed Rate Cuts Is Slipping Away

      The Dream of Fed Rate Cuts Is Slipping Away

      The Wall Street Journal· 1 hour ago

      ECONOMY Thursday’s report on economic activity delivered the latest in a series of rude awakenings to investors and Federal Reserve policymakers who have...