Federal Reserve Chair Jerome Powell said Wednesday that President Donald Trump's calls for lower interest rates won't lead ...
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 ...
U.S. consumer prices rose faster than expected in January in a sign progress on inflation may remain stalled, data showed on ...
January's consumer price index came in hot, with Trump tariffs set to push prices higher. The S&P 500 tumbled on the CPI inflation report.
Inflation prices jumped to 0.5% from January to December, which was the largest increase since August 2023.
U.S. inflation accelerated last month as the cost of groceries, gasoline and rents rose, a disappointment for families and ...
Rep. David Scott, a Democrat from Georgia, criticized the Trump administration’s proposed tariffs, asking about their impact ...