Inflation rises in January, delaying Fed rate cuts
U.S. inflation climbed to 3% in January, up from 2.9% in December, driven by higher grocery, gas, and rent prices. The increase complicates the Federal Reserve’s plans for interest rate cuts, with Chair Jerome Powell reaffirming a cautious approach.
Data isn’t stacking up for a Fed rate cut, multiple regional presidents have hinted, as January’s CPI report makes for ...
The U.S. labor market remains robust, with the three-month moving average for payrolls surging to its highest level since ...
Inflation’s recent uptick is a major reason the Federal Reserve has paused its interest rate cuts, after implementing three ...
Voters elected Trump to find a way to curb the hotter inflation that occurred under President Joe Biden. But the president ...
MOSCOW (Reuters) -Russian Central Bank Governor Elvira Nabiullina addressed a news conference on Friday after the central ...
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Stock Market NOSEDIVES Over 'Hot' Inflation Report — With Donald Trump Demanding Interest Rate CutDonald Trump's first inflation report since returning to the White House is not good as inflation has increased despite his ...
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