With prices on the rise and higher than expected, the chances that the U.S. Federal Reserve will cut rates more than once or at all in 2025 are dimming.
New data out Wednesday shows U.S. inflation accelerated faster than economists had predicted in January. CBS News MoneyWatch ...
Here’s what Wednesday’s inflation report means for your wallet and how it could impact the Fed’s next interest rate decision.
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Hosted on MSNJanuary CPI: Hot Inflation Print Should Keep the Fed SidelinedInflation worries were re-ignited after consumer prices rose faster than expected in January, with Wall Street experts ...
The President calls for easier money even though consumer prices keep rising. Does he want even higher prices?
“Core” C.P.I., which more closely reflects underlying inflation by removing volatile food and energy prices, also showed ...
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