Trump wants both lower interest rates and tariffs. Here’s how that could backfire.
Economists say tariffs will make it harder for the Fed to lower interest rates — unless the U.S. economy enters a recession.
Hopes for more Fed rate cuts dim as Powell notes hot CPI means ‘we're not quite there yet'
A Fed interest rate cut won’t be coming until at least September, if at all this year, following a troubling inflation report ...
Trump wants interest rate cuts. The market isn't buying it.
Voters elected Trump to find a way to curb the hotter inflation that occurred under President Joe Biden. But the president ...
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 ...
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 ...
The News-Herald1h
Did prices jump in January? Inflation report will provide latest update on consumer costs
On Wednesday the Labor Department is expected to report that in January the consumer price index rose 2.9% from a year ago, according to economists surveyed by FactSet. If accurate, it would be ...
Only one Fed rate cut expected in 2025 after hot January inflation data
U.S. CPI report sent traders scrambling to further recalibrate their Fed rate cut expectations. Read more here.
NJ inflation rate in January was lower than prior months, but still higher than U.S.
The consumer price index in North Jersey increased 4% between January 2024 and January 2025, compared to a 3% national inflation rate.
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 ...
The New Civil Rights Movement1h
‘Trumpflation’: Blaming Biden, Trump Slammed for Breaking ‘Day One’ Promise as Prices Jump
President Donald Trump is blaming his predecessor, President Joe Biden, after inflation jumped far more than expected. “Biden ...
Federal Reserve Chair Jerome Powell returns to Congress following January inflation spike
The change was slightly above analysts' expectations and is likely to bolster reluctance at the Fed to cut interest rates any further.
January CPI Report: Say Goodbye To Rate Cuts
CPI report exceeded expectations, causing market turbulence and confirming my warnings about rising inflation trends. Read ...