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 ...
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 ...
Inflation rose in January as prices for groceries and housing picked up
Inflation heated up more than expected in January, as prices for groceries, housing and energy all picked up for Americans in ...
Inflation accelerated in January, up to 3%. Have efforts to drive inflation down stalled out?
Recent sticky inflation data backs the Federal Reserve's decision last month to hit the brakes on additional rate cuts, ...
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 ...
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 ...
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 ...
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 ...