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 ...
Powell To Congress: Fed 'Not There Yet' On Inflation, CPI 'Above Every Forecast,' US Debt Path 'Unsustainable'
Federal Reserve Chair Jerome Powell reiterated a firm stance on the central bank's monetary policy path on Wednesday, ...
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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 ...
Don't read too much into January CPI report, Chicago Fed's Goosbee says
Chicago Fed President Austan Goolsbee called the January Consumer Price Index data "sobering" when the inflation rate came in hotter than expected on Wednesday. But don't read too much into any one ...
US inflation worsened last month with cost of groceries and gasoline rising
U.S. inflation accelerated last month as the cost of groceries, gas, and used cars rose, a trend that will likely underscore ...
Trump has a plan to lower inflation. It’s just delayed
President Donald Trump made a campaign promise to lower prices on Day One. Well, it’s Day 24, and as anyone who has gone shopping for eggs lately knows: Prices aren’t any lower than they were on ...
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US CPI Data Highlights: Dow drops more than 150 points after CPI report
The US Bureau of Labor Statistics will release the January 2025 Consumer Price Index (CPI) data on February 12 at 8:30 AM ...
Stock market today: Dow, S&P 500, Nasdaq slip as hot inflation data spooks markets
US stocks were largely lower on Wednesday as investors digested a hotter-than-expected January inflation reading. The Dow ...