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 inflation tops forecasts, dimming chances for Federal Reserve rate cuts
Underlying US inflation last month rose by the most since March, diminishing chances the Federal Reserve will lower interest ...
Inflation Higher Than Expected in January
Consumers are seeing no relief from high prices as shelter, transportation and food costs drove inflation in January.
Trump says lower interest rates would go hand-in-hand with tariffs
A Reuters poll showed the Federal Reserve was expected to wait until the next quarter before cutting rates again. Tariffs could fuel US inflation and postpone rate cuts ...
After CPI inflation report, fed-funds futures traders push back Fed rate-cut expectations
Traders in the federal-funds futures market on Wednesday morning pushed back their expectations for the Federal Reserve to cut its benchmark interest rate to the fourth quarter of 2025, after weighing ...
Strong CPI print could prompt Fed to keep interest rates on hold for 'at least the remainder of 2025,' says one analyst
January's stronger-than-expected consumer-price index report could push the Federal Reserve to keep its hand on the pause button for interest-rate cuts throughout the rest of the year, according to ...
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.
Stock market today: Wall Street opens lower following hot inflation data
U.S. stocks are sinking after a report said inflation is unexpectedly getting worse for Americans. The S&P 500 fell 0.9% in ...
US inflation worsened last month as the cost of groceries and gasoline head higher
The consumer price index increased 3% in January from a year ago, Wednesday's report from the Labor Department showed.
CPI Inflation Was Higher Than Expected In January
Inflation rose unexpectedly in January, with the Consumer Price Index rising 3% over the last 12 months, up from 2.9% in December. Forecasters had expected inflation to slow down, but prices for food, ...