A disappointing inflation reading and soaring egg prices have undermined Trump's promise to reduce costs on "day one." ...

January's consumer price index came in hot, with Trump tariffs set to push prices higher. The S&P 500 tumbled on the CPI inflation report.

The consumer price index rose 0.5% in January 2025, driven by higher energy costs, marking the largest month-over-month increase since August 2023.

Consumer prices rose 3%, extending a recent pattern of increases at the start of the year that likely derails the prospect for Fed rate cuts so long as the economy remains solid.

Inflation accelerated in January, rising 3% on an annual basis, indicating that the Federal Reserve's push to drive inflation down to a 2% annual rate has stalled out, at least temporarily.

Repo rate cut by 25 basis points to 6.25% to boost growth amid easing inflation and global uncertainties, maintaining neutral ...