WASHINGTON (AP) — Federal Reserve Chair Jerome Powell said Wednesday that President Donald Trump's calls for lower interest ...
Federal Reserve Chair Jerome Powell advised caution regarding the latest Consumer Price Index data, citing it as ...
President Trump pledged to lower costs on “Day 1” as a candidate. His administration now acknowledges it will take more time.
Investors are now betting that the Federal Reserve will cut interest rates just once more this year, a drastic shift in expectations since late 2024.
Higher inflation readings reported on Wednesday left Federal Reserve officials telling U.S. lawmakers, business executives and the public that they may be waiting longer than they had thought for ...
Inflation heated up more than expected in January, as prices for groceries, housing and energy all rose for Americans in ...
A disappointing inflation reading and soaring egg prices have undermined Trump's promise to reduce costs on "day one." ...
Wednesday’s new inflation report shows the costs of groceries, gas and rent are still rising. Consumer prices rose a half percentage point from December to January, putting the Federal Reserve’s goal ...
THE PESO ended flat against the dollar on Wednesday, with the market waiting for the release of January US consumer inflation data overnight and the Bangko Sentral ng Pilipinas’ (BSP) policy meeting ...
On Wednesday the Labor Department is expected to report that in January the consumer price index rose 2.9% from a year ago, ...
TERM DEPOSIT YIELDS went down on Wednesday ahead of a widely anticipated rate cut by the Bangko Sentral ng Pilipinas (BSP) at its first policy meeting of the year. The BSP’s term deposit facility (TDF ...
The U.S. consumer price index for January will be released at 8:30 a.m. Eastern on Wednesday. Economists expect headline annual CPI inflation of 2.8%, down a touch from January’s 2.9%. However, that ...