President Trump Again Says Interest Rates Should Be Lowered. It’s Not That Simple.
The latest remarks come just as new inflation data showed prices picking up more than expected. Federal Reserve Chair Jerome ...
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 ...
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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 ...
Bitcoin drops below $95K as US inflation surpasses expectations
Bitcoin briefly dipped below $95,000 on Wednesday morning, minutes after the US Bureau of Labor Statistics released CPI and ...
US inflation increasing: Groceries, gas and cars cost more; interest rate cuts unlikely
Inflation’s recent uptick is a major reason the Federal Reserve has paused its interest rate cuts, after implementing three ...
Trump dismisses hot inflation report as ‘Biden inflation’ after another call to lower interest rates
Donald Trump on Wednesday morning dismissed a hotter-than-expected inflation report as 'Biden inflation' after making another ...
Trump Says Interest Rates Should Be Lowered. The Inflation Report Begs to Differ.
The Bureau of Labor Statistics will release the consumer price index report for January on Wednesday, Feb. 12.
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 ...
Stock market today: Wall Street opens lower following hot inflation data
U.S. stocks are sinking after a report said inflation is unexpectedly getting worse for Americans. The S&P 500 fell 0.9% in ...
Trump Calls for Lower Interest Rates as Powell Heads to Hill
President Donald Trump called for lower interest rates, seeking to raise pressure on the Federal Reserve as he moves to ...
Stocks Drop After Hotter Than Expected Inflation Reading
Investors are now betting that the Federal Reserve will cut interest rates just once more this year, a drastic shift in ...
CPI Inflation Was Higher Than Expected In January
Inflation rose unexpectedly in January, with the Consumer Price Index rising 3% over the last 12 months, up from 2.9% in December. Forecasters had expected inflation to slow down, but prices for food, ...