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 ...
Consumer prices rose 3%, extending a recent pattern of increases at the start of the year that likely derails the prospect ...
“Core” C.P.I., which more closely reflects underlying inflation by removing volatile food and energy prices, also showed ...
The consensus estimate is a 0.2% rise in the producer price index in January, which would match the increase in December.
The Fed lowered its key interest rate by a total percentage point at three meetings late last year but held it steady in late ...
Federal Reserve Chair Jerome Powell said the latest consumer price data show that while the central bank has made substantial ...
U.S. CPI report sent traders scrambling to further recalibrate their Fed rate cut expectations. Read more here.
US inflation picked up broadly at the start of the year, further undercutting chances of multiple Federal Reserve ...
January's Consumer Price Index will serve as the latest test of whether inflation pressures have eased further.
Atlanta Federal Reserve President Raphael Bostic said on Wednesday it is not clear when the Fed can cut interest rates again ...
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