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 ...
US producer inflation trends higher; labor market remains stable
U.S. producer prices increased solidly in January, offering more evidence inflation was picking up again and strengthening ...
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 ...
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 ...
US inflation heats up to 3% for first time since June
It’s not just eggs. Many commonly purchased goods and services got more expensive in January, driving inflation in the wrong ...
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 ...
US consumer prices climb 0.5% in January, annual inflation rises to 3%
Inflation in the US rose more than expected in January, reinforcing expectations that the Federal Reserve may delay interest ...
Average US rate on a 30-year mortgage eases to 6.87%, fourth straight weekly decline
The average rate on a 30-year mortgage in the U.S. eased for the fourth week in a row, an encouraging sign for prospective ...
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NewsBriefs - US inflation rate exceeds expectations, reaching 3% in January
The US Consumer Price Index (CPI) in January 2025 recorded a higher than anticipated annual increase, reaching 3%, a ...
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Rising Inflation Shoves Mortgage Rates Higher
Mortgage rates went up this week because of an unexpected resurgence of inflation.The average rate on the 30-year fixed-rate ...
Trump dismisses hot inflation report as 'Biden inflation' after another call to lower interest rates
Donald Trump on Wednesday morning dismissed a hotter-than-expected inflation report as 'Biden inflation' after making another ...
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Investors await new inflation data amid tariff concerns: What to know this week
In the week ahead, inflation will take center ... and December's monthly job gains were revised higher to show the US labor market exited 2024 on an even better footing than previously reported.