Bank of America resets interest rate cut forecast after inflation shocker
The decision comes after the central bank trimmed rates three times starting in September 2024, which has pushed down the ...
Inflation uptick and tariff fallout cooling expectations of more cuts from Fed
Economists were already scaling back predictions of multiple Federal Reserve interest rate cuts this year after data ...
Consumer Pullback Lessens Wall Street’s Inflationary Gloom
US retail sales slumped in January by the most in nearly two years, indicating an abrupt pullback by consumers after a ...
Is Your Savings Keeping Up With Today's Inflation? Most Americans Say No—But Here's an Easy Fix.
With inflation hovering near 3%, your cash can't keep up in a typical savings account. But today's high interest rates offer ...
The latest inflation report shows that high prices are Trump’s major economic challenge
Donald Trump promised as a candidate that he could easily conquer inflation, but the reality is proving tougher than he ...
Graphic: Track grocery price trends
NBC News is tracking changes in the prices of eggs, bread, ground beef, chicken and other grocery items to monitor the impact on consumers’ food bills.
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Rising Rates May Trigger Financial Instability, Complicating Fight Against Inflation
Banking systems are largely insulated from inflation, but vulnerabilities at some banks could lead to tradeoffs between containing inflation and protecting financial stability ...
Trump blames Biden for hot inflation report, calls for lower interest rates as markets plunge
President Trump Wednesday blamed Biden for a hot inflation report and called for lower interest rates. The Fed is likely to ...
Here's the inflation breakdown for January 2025 — in one chart
The consumer price index rose 3% on the year in January 2025. Economists worry that broad disinflation is over, even as ...
Housing Prices Are Stuck, and So Is the Fed
The Fed’s interest rates are discouraging the housing construction needed to bring down inflation, Alí R. Bustamante writes ...
Inflation leaped 3% in January. Here's what it means for Fed rate cuts
The Fed lowered its key interest rate by a total percentage point at three meetings late last year but held it steady in late January as inflation remained stuck just below 3%. Wednesday’s report on ...