Wall St falls as hot inflation data dents rate cut hopes
Wall Street's main indexes hit an over one-week low on Wednesday, as a hotter-than-anticipated inflation reading added to ...
CPI inflation shock hammers Fed rate cut bets for 2025
U.S. consumer inflation ticked surprisingly higher in January, data indicated Monday, sending stocks sharply lower as price ...
Hot Inflation In January 2025 Reduces Odds Of Fed Interest Rate Cuts
January inflation ran hot and the odds of Fed interest rate cuts fell as Consumer Price Index total CPI inflation accelerated ...
Trump May Unveil His Most Sweeping Tariffs Today: What To Know About Reciprocal Tariffs—And Inflation Impact
President Donald Trump could announce his most sweeping tariffs yet Wednesday, unveiling reciprocal tariffs that Trump argues ...
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 ...
Fed to wait for months on next rate cut as tariffs risk inflation flare up: Reuters poll
Faced with the threat of rising inflation, the U.S. Federal Reserve will wait until next quarter before cutting rates again, ...
US tariffs are lose-lose scenario and will fuel inflation, says EU trade commissioner
The United States will be fuelling inflation with its move to resume tariffs on aluminium and steel imports, European Union ...
Inflation hit 7-month high of 3% in January. Here's what it means for Fed rate cuts
Inflation slowed through much of last year – falling as low as 2.4% from a 40-year high of 9.1% in mid-2022 – but it has remained stubbornly high since fall. The cost of services such as car insurance ...
Inflation increased in January, posing obstacle for tariff plans
Consumer prices rose 3% in January compared to a year ago, ticking up from the previous month and posing an obstacle for Trump administration tariff policies that many economists expect to raise some ...
Trump readies matching tariffs on trade partners, possibly setting up a major economic showdown
WASHINGTON (AP) — President Donald Trump is taking additional action to upset the world trade system, with plans to sign an ...
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 ...