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 ...
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 ...
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US inflation worsened last month as the cost of groceries and gasoline head higher
The consumer price index increased 3% in January from a year ago, Wednesday's report from the Labor Department showed.
Trump says lower interest rates would go hand-in-hand with tariffs
A Reuters poll showed the Federal Reserve was expected to wait until the next quarter before cutting rates again. Tariffs could fuel US inflation and postpone rate cuts ...
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, ...
US inflation rises more than expected in January, as Fed rate cut hopes grow dimmer
Fed Chair Jerome Powell told lawmakers on Tuesday that "inflation moderated a little further last year," adding that "recent ...
US inflation tops forecasts, dimming chances for Federal Reserve rate cuts
Underlying US inflation last month rose by the most since March, diminishing chances the Federal Reserve will lower interest ...
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Trump wants lower interest rates amid new tariffs
US President Donald Trump urged lower interest rates on Wednesday, linking the move to "upcoming" tariffs. “Interest Rates ...
Trump calls for lower interest rates to go 'hand-in-hand' with tariffs: 'Lets rock and roll, America'
President Trump's comments come a day after Fed Chairman Jerome Powell said on Capitol Hill that the central bank doesn’t need to “hurry" to lower interest rates.