Christopher Waller, U.S. President Donald Trump's nominee for governor of the Federal Reserve, listens during a Senate Banking Committee confirmation hearing in Washington,...
The personal consumption expenditures price index inflation gauge was expected to increase 4.9% from a year ago, according to Dow Jones estimates.
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Federal Reserve officials earlier this month stressed the need to raise interest rates quickly and possibly more than markets anticipate to tackle a...
Historic row houses in Colombia Heights neighborhood of Washington DC, USAamedved | iStock | Getty ImagesOne strategist has told CNBC why she thinks...