Rate cut hopes are fading fast as inflation data and record egg prices make ‘very uncomfortable’ reading for Jerome Powell
Data isn’t stacking up for a Fed rate cut, multiple regional presidents have hinted, as January’s CPI report makes for ...
S&P 500 ends down as hot US inflation data hints at fewer rate cuts
The S&P 500 ended down on Wednesday after a hotter-than-expected U.S. inflation reading added to worries that the Federal ...
Powell Says New Inflation Data Show Fed Has More Work to Do
Federal Reserve Chair Jerome Powell said the latest consumer price data show that while the central bank has made substantial ...
What does new inflation data mean for Americans' wallets?
New data out Wednesday shows U.S. inflation accelerated faster than economists had predicted in January. CBS News MoneyWatch ...
PPI Data Accelerate Fed Rate-Cut Expectations
The latest U.S. producer-price inflation data have slightly brought forward market expectations of when the Federal Reserve will cut interest rates. Wednesday's above-forecast CPI data pushed market ...
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Retail Spending Slips As Inflation Climbs In January, Adding To Economic Concerns
After a solid holiday season, US retail sales took a surprising step back to start 2025, snapping a streak of growth and ...
Trump wants lower interest rates to go ‘hand in hand’ with tariffs, but yields are soaring after inflation data came in hot
Trump has repeatedly criticized Federal Reserve Chair Jerome Powell, whom he appointed to lead the central bank in 2018.
Only one Fed rate cut expected in 2025 after hot January inflation data
U.S. CPI report sent traders scrambling to further recalibrate their Fed rate cut expectations. Read more here.
CPI Data: Here's How Inflation Has Tracked Since 2015
The January reading of the consumer-price index is due at 8:30 a.m. ET. Economists expect the CPI increased 2.9% from a year ...
CPI report: January inflation data complicates Fed plans as soaring egg, energy costs push consumer prices higher
January's Consumer Price Index will serve as the latest test of whether inflation pressures have eased further.
Americans Are Stressed About Inflation. New Data Says They Should Be
The January CPI data is yet another signal that the Federal Reserve’s fight against inflation is far from over — and other research indicates that the protracted nature of this battle is weighing more ...
Wholesale prices higher than expected last month — fresh on heels of hot inflation report
The hotter-than-expected wholesale inflation came just a day after data showed consumer prices rose more than anticipated.