U.S. inflation accelerated last month as the cost of groceries and gasoline rose, a trend that will likely underscore the Federal Reserve’s resolve to delay any further interest rate cuts.
January's Consumer Price Index shows a significant increase, with economists concerned about future price hikes.
With prices on the rise and higher than expected, the chances that the U.S. Federal Reserve will cut rates more than once or ...
Here’s what Wednesday’s inflation report means for your wallet and how it could impact the Fed’s next interest rate decision.
Inflation picked up at a higher pace than expected in January, leaving the Federal Reserve playing a waiting game to see the ...
NEW YORK — Most U.S. stocks fell Wednesday after a report showed inflation is unexpectedly worsening for Americans. The ...
U.S. stock futures tumbled and the dollar rose on Wednesday after data showed consumer inflation picked up more than expected ...
The President calls for easier money even though consumer prices keep rising. Does he want even higher prices?
The latest Consumer Price Index report shows inflation ticked up to 3% in January from a year ago, a slight rise from the previous month.
U.S. inflation spikes 0.5% in January, hitting 3% for the first time since June 2022. Expectations of stable prices dashed.
President Trump Wednesday blamed Biden for a hot inflation report and called for lower interest rates. The Fed is likely to ...