US inflation worsened last month with prices for groceries and gasoline heading higher
The consumer price index increased 3% in January from a year ago, Wednesday’s report from the Labor Department showed, up ...
Inflation Heated Up in January, Freezing the Fed
Consumer prices rose 3%, extending a recent pattern of increases at the start of the year that likely derails the prospect ...
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 ...
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 ...
Is the Fed in Trouble? A Hot Inflation Report Raises the Stakes.
So far in the 2025 inflation battle, the Federal Reserve is losing. Bird flu continued to wreak havoc on food prices in ...
January CPI Inflation Accelerates, Potentially Delaying Any Rate Cuts
Consumer Price Index inflation rose 0.5% month-on-month, likely incrementally delaying any Federal Reserve plans for interest rate cuts.
Powell Says Latest Inflation Data Show Fed Has More Work To Do
Federal Reserve Chair Jerome Powell said the latest consumer price data show that while the central bank has made substantial progress toward taming inflation, there is still more work to do.
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 ...
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 ...
Market-based inflation expectations keep rising after hot January CPI data
Expectations for future inflation crept higher within the U.S rates market on Wednesday following January's hotter-than-expected CPI reading, raising the possibility that inflation could stay above ...