The fight against inflation continued to face headwinds in January, with consumer prices rising more than expected.
The Bureau of Labor Statistics will release the consumer price index report for January on Wednesday, Feb. 12.
January inflation ran hot and the odds of Fed interest rate cuts fell as Consumer Price Index total CPI inflation accelerated ...
Inflation’s recent uptick is a major reason the Federal Reserve has paused its interest rate cuts, after implementing three ...
President Donald Trump on Wednesday said that interest rates should be lowered and that would go "hand in hand" with his ...
The price of eggs rose 15.2% from December to January on a seasonally adjusted basis and 53% from January 2024 to last month ...
1hon MSN
US consumer prices came in hotter than expected in January as inflation showed few signs of weakening, dashing hopes for ...
The S&P 500 was 0.9% lower in early trading. The Dow Jones Industrial Average was down 418 points, or 0.9%, as of 9:35 a.m.
U.S. stocks are sinking after a report said inflation is unexpectedly getting worse for Americans. The S&P 500 fell 0.9% in ...
Inflation accelerated in January, rising 3% on an annual basis, indicating that the Federal Reserve's push to drive inflation down to a 2% annual rate has stalled out, at least temporarily.
Donald Trump has called for the US Federal Reserve to cut interest rates despite official figures showing inflation in the ...
Trump is taking additional action to upset the world trade system, with plans to sign an order as soon as Wednesday that would require that U.S. tariffs on imports match any tax rates charged by other ...
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