WWSB19m
US inflation worsened last month as the cost of groceries and gasoline head higher
WASHINGTON (AP) — U.S. inflation accelerated last month as the cost of groceries, gas, and used cars rose, a disappointment for families and businesses struggling with higher costs and likely ...
Hopes for more Fed rate cuts dim as Powell notes hot CPI means ‘we're not quite there yet'
A Fed interest rate cut won’t be coming until at least September, if at all this year, following a troubling inflation report ...
Trump’s best pick to succeed Powell at the Fed is this ‘battle-tested’ market expert
Falling global yields will drive Treasury yields lower and cause the Fed to follow. U.S. Federal Reserve Chair Jerome Powell ...
Trump wants interest rate cuts. The market isn't buying it.
Voters elected Trump to find a way to curb the hotter inflation that occurred under President Joe Biden. But the president ...
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 ...
Markets trim Fed rate cut bets following hot inflation report
A hotter-than-expected inflation reading makes it much more likely that the Federal Reserve will keep rates on hold for the foreseeable future, reinforcing a cautionary stance from Jerome Powell and ...
Fed's Powell heads back to Congress as data shows inflation jump in January
Federal Reserve Chair Jerome Powell repeated on Wednesday that the central bank is in no rush to cut interest rates during a ...
Powell refrains from saying which way interest rates could go based on Trump's policies
Federal Reserve Chair Jerome Powell, appearing for a second day of testimony before Congress, said central bank officials remain in a wait-and-see mode when it comes to deciding where interest rates ...
Tariffs and Other Trump Policies Will Have Economic Effect, Powell Says
Rep. David Scott, a Democrat from Georgia, criticized the Trump administration’s proposed tariffs, asking about their impact ...