A sharp spike in January inflation, driven by record egg prices and rising fuel oil costs, has thwarted the Federal Reserve's ...
The price increase in this consumer staple is complicating the central bank’s ability to achieve a soft landing.
The higher than expected inflation number for January came during during Fed chairman Jerome Powell's semiannual testimony ...
Federal Reserve Chair Jerome Powell told a Senate hearing this week that there is no rush to adjust its interest rate policy.
January’s consumer price index exceeded expectations, leading to diminished hopes for multiple Federal Reserve rate cuts.
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