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 ...
Yahoo Finance3d
Trump dismisses hot inflation report as 'Biden inflation' after another call to lower interest rates
Donald Trump on Wednesday morning dismissed a higher than expected inflation report as "Biden inflation" after making another call to lower interest rates ... AFP via Getty Images) · JIM WATSON ...
Inflation Heated Up in January, Freezing the Fed
Consumer prices rose 3%, extending a recent pattern of increases at the start of the year that likely derails the prospect ...
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 ...
USA Today3d
Inflation hit 7-month high of 3% in January. Here's what it means for Fed rate cuts
An underlying inflation measure also accelerated. Some economists said the larger-than-expected price surge takes additional Federal Reserve interest rate cuts off the table until at least year's end.
S&P 500 ends down as hot US inflation data hints at fewer rate cuts
The S&P 500 ended down on Wednesday after a hotter-than-expected U.S. inflation reading added to worries that the Federal ...
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 ...
Yahoo Finance3d
Stock market today: Dow leads stocks lower as hot inflation data pushes back rate cut hopes
US stocks were largely lower on Wednesday as investors digested a hotter-than-expected January inflation reading and investors pared back bets on Federal Reserve interest rate cuts in 2025.
NBC Washington4d
US inflation worsened last month in latest sign of sticky price pressures
U.S. inflation accelerated last month as the cost of groceries, gas, and used cars rose, a trend that will likely underscore the Federal Reserve's resolve to delay any further interest rate cuts.