Consumer prices rose briskly in January, extending a recent pattern of increases at the start of the year that likely derails ...
Higher inflation readings reported on Wednesday left Federal Reserve officials telling U.S. lawmakers, business executives ...
January inflation ran hot, and the odds of Fed interest rate cuts fell as Consumer Price Index total CPI inflation ...
Federal Reserve Chair Jerome Powell said the latest consumer price data show that while the central bank has made substantial ...
Inflation picked up at a higher pace than expected in January, leaving the Federal Reserve playing a waiting game to see the ...
Donald Trump promised as a candidate that he could easily conquer inflation, but the reality is proving tougher than he ...
US inflation picked up broadly at the start of the year, further undercutting chances of multiple Federal Reserve ...
This week’s forthcoming Consumer Price Index report could show easing year-on-year inflation, increasing the potential for ...
Atlanta Federal Reserve President Raphael Bostic said on Wednesday it is not clear when the Fed can cut interest rates again ...
U.S. CPI report sent traders scrambling to further recalibrate their Fed rate cut expectations. Read more here.
Powell said officials need to see more progress on slowing inflation before considering further rate cuts but declined to ...
Inflation slowed through much of last year – falling as low as 2.4% from a 40-year high of 9.1% in mid-2022 – but it has remained stubbornly high since fall. The cost of services such as car insurance ...