Fed's Powell heads back to Congress as data shows inflation jump in January
U.S. consumer prices rose faster than expected in January in a sign progress on inflation may remain stalled, data showed on ...
US inflation worsened last month with prices for groceries and gasoline heading higher
The consumer price index increased 3% in January from a year ago, Wednesday’s report from the Labor Department showed, up ...
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 ...
January inflation data complicates Fed plans as soaring egg, energy costs push consumer prices higher
January's Consumer Price Index will serve as the latest test of whether inflation pressures have eased further.
Stock market today: Wall Street slips after worse inflation data
U.S. stocks are slipping Wednesday after a report said inflation is unexpectedly getting worse for Americans. The S&P 500 was ...
Here's the inflation breakdown for January 2025 — in one chart
The consumer price index rose 3% on the year in January 2025. Economists worry that broad disinflation is over, even as ...
An Unexpected Surge In Inflation Has Put A Big Trump Promise At Risk
Soon after the figures were released, Trump went into blame mode. He suggested that former President Joe Biden was the reason ...
Inflation leaped 3% in January. Here's what it means for Fed rate cuts
The Fed lowered its key interest rate by a total percentage point at three meetings late last year but held it steady in late ...
Trump blames Biden for hot inflation report, calls for lower interest rates as markets plunge
President Trump Wednesday blamed Biden for a hot inflation report and called for lower interest rates. The Fed is likely to ...
Trump calls for lower borrowing costs, hinting at clash with Fed
The president's post came only a half hour before the Labor Department reported that inflation climbed last month.
Bank of America CEO on inflation impact on U.S. economy: ‘Rates are going to stay where they are'
The Bureau of Labor Statistics reported hotter-than-expected growth in the U.S. consumer price index, forcing markets to recalibrate rate expectations.