Inflation accelerated in January, rising 3% on an annual basis, indicating that the Federal Reserve's push to drive inflation ...
House Financial Services Committee Chair Rep. French Hill, a Republican from Arkansas, began Wednesday’s hearing by ...
January inflation ran hot and the odds of Fed interest rate cuts fell as Consumer Price Index total CPI inflation accelerated ...
U.S. inflation accelerated last month as the cost of groceries, gasoline and rents rose, a disappointment for families and ...
U.S. inflation accelerated last month as the cost of groceries, gas, and used cars rose, a trend that will likely underscore ...
Expectations for rate cuts were recalibrated after CPI, with markets now predicting the Fed will hold rates steady until well ...
This week’s forthcoming Consumer Price Index report could show easing year-on-year inflation, increasing the potential for ...
U.S. stocks pared early losses on Wednesday but remained mostly lower after inflation data came in hotter than expected, potentially complicating the Federal Reserve's job of returning inflation to ...
U.S. stocks are sinking after a report said inflation is unexpectedly getting worse for Americans. The S&P 500 fell 0.9% in ...
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The change was slightly above analysts' expectations and is likely to bolster reluctance at the Fed to cut interest rates any further.
The consumer price index increased 3% in January from a year ago, Wednesday’s report from the Labor Department showed, up from 2.9% the previous month. It has increased from a 3 1/2 year low of 2.4% ...