Longer-term inflation expectations are also muted, according to the Cleveland Fed’s model. U.S. inflation over the next decade, for example, is forecast to average 2.3% per year.

Bond traders peg the odds of the Fed lowering the funds rate to a 5.00%-5.25% target at 46%, compared with 32% odds of rates still being at current levels and a 20% chance of rates being cut by ...

The Consumer Price Index in June rose 2.7% on an annual basis, a sign inflation around the U.S. is creeping up after ...

The Fed announced another rate pause Wednesday, an all-but-certain move that kept the federal funds rate at its current level: 4.25% to 4.50%.

This "real rate" of the 1-year maturity stood at 1.7% - the actual 1-year Treasury yield of 4.1% minus the CPI's 2.4%. Over the past 20 years, the average one-year real rate has been a negative-0.8%.