Did prices jump in January? Inflation report will provide latest update on consumer costs
On Wednesday the Labor Department is expected to report that in January the consumer price index rose 2.9% from a year ago, ...
Markets trim Fed rate cut bets following hot inflation report
A hotter-than-expected inflation reading makes it much more likely that the Federal Reserve will keep rates on hold for the foreseeable future, reinforcing a cautionary stance from Jerome Powell and ...
Inflation Heated Up in January, Freezing the Fed
Consumer prices rose briskly in January, extending a recent pattern of price increases at the start of the year that likely ...
Powell says Trump’s comments won’t affect interest rate decisions by the Fed
Federal Reserve Chair Jerome Powell said Wednesday President Donald Trump’s calls for lower interest rates won’t lead the ...
Fed’s Policy Review Will Focus on Lessons from Post-Pandemic Economy
Rep. Frank Lucas, a Republican from Oklahoma, asked Powell about the issues that the Fed will be examining during its ...
Fed's Powell heads back to Congress as data shows inflation jump in January
U.S. consumer prices rose faster than expected in January in a sign progress on inflation may remain stalled, data showed on ...
Trump blames Biden for hot inflation report, calls for lower interest rates as markets plunge
President Trump Wednesday blamed Biden for a hot inflation report and called for lower interest rates. The Fed is likely to ...
The market really doesn't like the latest inflation report
Expectations for rate cuts were recalibrated after CPI, with markets now predicting the Fed will hold rates steady until well ...
Trump slams ‘Bidenflation’ after prices rise more than than expected in January
US inflation rose unexpectedly in January — prompting President Trump to slam his predecessor Joe Biden as the downbeat ...
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January inflation ticks up to 3% annually as cost of groceries, gas, used cars rise
The latest Consumer Price Index report shows inflation ticked up to 3% in January from a year ago, a slight rise from the ...