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January inflation ticks up to 3% annually as cost of groceries, gas, used cars rise
The latest Consumer Price Index report shows inflation ticked up to 3% in January from a year ago, a slight rise from the ...
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 ...
Inflation grew in January as costs of gas, groceries go up
Inflation also worsened on a monthly basis, with prices jumping 0.5% in January from December, the largest increase since ...
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 ...
Inflation hit 7-month high of 3% in January. Here's what it means for Fed rate cuts
Inflation picked up for a fourth straight month in January amid another rise in in food and energy costs, possibly setting ...
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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 ...
CPI Report Puts the Kibosh on Rate Cuts: What the Experts Are Saying About Inflation
Consumer price inflation reared its ugly head to start the year, dashing hopes for the Fed to lower borrowing costs anytime soon.
Fed's Bostic: Not comfortable cutting rates again until there is more clarity on inflation, other policies
Atlanta Federal Reserve President Raphael Bostic said on Wednesday it is not clear when the Fed can cut interest rates again ...
Powell says Trump’s comments won’t affect interest rate decisions by the Fed
Federal Reserve Chair Jerome Powell said Wednesday President Donald Trump’s calls for lower interest rates won’t lead the ...
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 ...