'We do not need to be in a hurry': Powell reiterates cautious Fed rate stance with US lawmakers
Federal Reserve Chair Jerome Powell told lawmakers Tuesday that the Fed is not in a rush to adjust interest rates, ...
Inflation remained stubbornly high in January, new data expected to show
Inflation proved stubborn in 2024, a trend that probably extended into the new year and could complicate President Donald ...
Did prices jump in January? Inflation report will provide latest update on consumer costs
Inflation likely stayed elevated last month in the latest sign that consumer price growth has gotten stuck after declining ...
Powell said the Fed is in no hurry to cut rates. CPI inflation report likely to show why.
Jerome Powell made it clear this week the Federal Reserve is in “no hurry” to cut U.S. interest rates in light of lingering inflation and a strong economy. The January report on consumer prices is ...
Fed’s Hammack Says Rates on Hold Until Inflation Ebbs Further
Federal Reserve Bank of Cleveland President Beth Hammack said it’s appropriate to keep interest rates steady for “some time” ...
Forget CPI. This market indicator says inflation may stay above 2% for years.
Investors and traders were bracing for Wednesday’s consumer-price index report for January to mostly reflect either little ...
CPI Report Today: Dow Futures Edge Down Ahead of Inflation Data
Follow along for live updates on stocks and other markets, including the Dow Jones Industrial Average, S&P 500 and Nasdaq Composite.
Inflation Stayed Stubborn in January, Economists Predict
Don’t expect to see much progress on cooling inflation in January’s data. The beginning of the year is typically ripe for ...
Fed Chair Powell says officials are in no hurry to cut interest rates
Washington (CNN) — The US central bank is in no rush to slash interest rates any time soon, Federal Reserve Chair Jerome Powell told lawmakers Tuesday. “With our policy stance now significantly less ...
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US CPI Report: What January's Inflation Means for Your Wallet and the Economy
On February 12, the CPI for January 2025 will be declared at 8:30 EST.According to economists, there will be a 2.8% increase in living expenses over the next year, which is merely 2% lower than the 2.
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See Current HELOC Rates and the Best HELOC Lenders
The Fed sets this rate based on its policy goals. When inflation is high, the Fed raises rates to slow economic growth. If the economy is struggling, central bankers may lower rates to help avoid ...