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 rate picked up in January, CPI report shows. Here's what it means for your money.
On a monthly basis, the CPI rose 0.5%, versus economists' forecast for a 0.3% increase, according to FactSet. That's the ...
Hotter January inflation jolts markets, dimming rate cut hopes
Surprisingly strong U.S. inflation in January stoked investor fears that a heating economy and looming tariffs could corner ...
Consumer Price Index: Inflation Heats Up To 3.0% In January
The Consumer Price Index for All Urban Consumers increased 0.5% on a seasonally adjusted basis in January, after rising 0.4% ...
Fed's Logan calls for caution on rate cuts, even if inflation cools
Dallas Federal Reserve Bank President Lorie Logan on Friday reiterated her view that even if inflation nears the Fed's 2% ...
Russia's Nabiullina on interest rates, rouble, inflation and Ukraine
MOSCOW (Reuters) -Russian Central Bank Governor Elvira Nabiullina addressed a news conference on Friday after the central ...
Hot Inflation In January 2025 Reduces Odds Of Fed Interest Rate Cuts
January inflation ran hot, and the odds of Fed interest rate cuts fell as Consumer Price Index total CPI inflation ...
Next CPI Inflation Report Could Improve 2025 Fed Rate Cut Expectations
This week’s forthcoming Consumer Price Index report could show easing year-on-year inflation, increasing the potential for ...
US inflation increasing: Groceries, gas and cars cost more; interest rate cuts unlikely
Inflation’s recent uptick is a major reason the Federal Reserve has paused its interest rate cuts, after implementing three ...
As inflation rises, a few local institutions are paying at least 9% interest for your cash
Local financial institutions are offering extremely high rates on bank accounts. Find out if you qualify to open one before these offers end.