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 ...
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 ...
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5 things to know before the stock market opens Thursday
Federal Reserve Chair Jerome Powell testifies before the Senate Banking Committee in the Hart Senate Office Building on ...
Used car prices jump most since May 2023 and could push higher as inventory shrinks
New and used car prices were mixed to start the year in January’s Consumer Price Index (CPI) reading, but used prices continued trending higher, with January’s jump the largest since May 2023.
CPI Inflation Was Higher Than Expected In January
Inflation rose unexpectedly in January, with the Consumer Price Index rising 3% over the last 12 months, up from 2.9% in ...
Did prices jump in January? Inflation report will provide latest update on consumer costs
The cost of groceries, a major pain point for most households, is expected to have risen last month, driven higher by another ...