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 ...
Tariffs and Other Trump Policies Will Have Economic Effect, Powell Says
Rep. David Scott, a Democrat from Georgia, criticized the Trump administration’s proposed tariffs, asking about their impact ...
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
President Donald Trump pledged to reduce prices in last year’s campaign, though most economists worry that his many proposed tariffs could at least temporarily increase costs.
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US inflation ticks up as cost of groceries, gasoline grow
The consumer price index increased 3% in January from a year ago, Wednesday’s report from the Labor Department showed.
Powell Says He Has Had No Contact With Musk, DOGE Staff
Federal Reserve Chair Jerome Powell said on Wednesday that he has had no contact with Elon Musk, who is leading an effort to cut federal spending called the Department of Government Efficiency, or ...
Interest rates should be lowered, something which would go hand in hand with upcoming tariffs, Trump says
"Interest Rates should be lowered, something which would go hand in hand with upcoming Tariffs!!! Lets Rock and Roll, America ...
Powell says Trump's comments won't affect interest rate decisions by the Fed
WASHINGTON (AP) — Federal Reserve Chair Jerome Powell said Wednesday that President Donald Trump's calls for lower interest ...