Inflation hit 7-month high of 3% in January. Here's what it means for Fed rate cuts
Inflation picked up for a fourth straight month in January amid another rise in in food and energy costs, possibly setting ...
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Stock Market Today: Dow Jones Under Pressure As Powell, Trump Respond To Hot Inflation; Two Stocks Break Out (Live Coverage)
Dow Jones dived after hot inflation data in the stock market today. Nvidia partner SMCI soared. Fed Chief Powell continued ...
'Jarring' CPI data makes rate hikes 'seem less inconceivable', says major Wall Street bank
January's hot CPI inflation report increases "our conviction that the cutting cycle is over" for the Federal Reserve, said a team of economists and strategists at BofA Securities. Calling Wednesday's ...
Why U.S. Consumer Prices Increased More Than Expected in January
U.S. consumer prices increased more than expected in January, reinforcing the Federal Reserve’s message that it was in no rush to resume cutting interest rates amid growing uncertainty over the ...
Market-based inflation expectations keep rising after hot January CPI data
Expectations for future inflation crept higher within the U.S rates market on Wednesday following January's hotter-than-expected CPI reading, raising the possibility that inflation could stay above ...
Inflation Rises Unexpectedly, Complicating Picture for the Fed
“Core” C.P.I., which more closely reflects underlying inflation by removing volatile food and energy prices, also showed ...