US inflation rises more than expected in January, as Fed rate cut hopes grow dimmer
Fed Chair Jerome Powell told lawmakers on Tuesday that "inflation moderated a little further last year," adding that "recent ...
Market tanks over hot inflation report as Trump demands interest rate cut
Trump's first inflation report since beginning his second term shows prices have risen more than expected.
U.S. inflation worsened last month with the cost of groceries and gasoline rising
President Donald Trump pledged to reduce prices in last year’s campaign, though most economists worry that his many proposed ...
Traders Push Rate-Cut Odds to Fourth Quarter
Markets are pushing back expectations for interest-rate cuts to the fourth quarter of the year after a hotter-than-expected inflation report. Odds of a December rate cut now stand at 40.7% versus 37% ...
Trump calls for lower interest rates to go 'hand-in-hand' with tariffs: 'Lets rock and roll, America'
President Trump's comments come a day after Fed Chairman Jerome Powell said on Capitol Hill that the central bank doesn’t need to “hurry" to lower interest rates.
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Bitcoin, Ethereum Drop as US Reports Inflation Rose to 3% in January
Consumer prices rose as expected last month, indicating the pace of inflation remained unchanged in January after ...
Treasury Yields, Dollar Rise on Sticky U.S. Inflation
Treasury yields and the dollar rally as U.S. January inflation comes a little hotter than forecast following hawkish remarks by Fed Chair Powell yesterday. The 12-month CPI reading accelerates to 3%, ...
With High Prices Persisting, Trump Tempers Tone on Slaying Inflation
President Trump pledged to lower costs on “Day 1” as a candidate. His administration now acknowledges it will take more time.
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 accelerated ...