Fed, inflation
Inflation rises in January, delaying Fed rate cuts
U.S. inflation climbed to 3% in January, up from 2.9% in December, driven by higher grocery, gas, and rent prices. The increase complicates the Federal Reserve’s plans for interest rate cuts, with Chair Jerome Powell reaffirming a cautious approach.
Trump calls on Fed to lower interest rates amid rising prices. Here's what he said just a week ago.
President Trump called on the Federal Reserve to lower interest rates in a post on his Truth Social platform Wednesday, following the hotter-than-expected inflation report. "Interest rates should be lowered,
January inflation ran hot, and the odds of Fed interest rate cuts fell as Consumer Price Index total CPI inflation ...
Surprisingly strong U.S. inflation in January stoked investor fears that a heating economy and looming tariffs could corner ...
The latest bout of inflation is the product of both external and internal factors. In recent months, as the West has ...
President Trump Wednesday blamed Biden for a hot inflation report and called for lower interest rates. The Fed is likely to ...
Rwanda's central bank kept its key interest rate unchanged at 6.5% for the second monetary policy meeting in a row, saying ...
U.S. consumer inflation ticked surprisingly higher in January, data indicated Monday, sending stocks sharply lower as price ...
Voters elected Trump to find a way to curb the hotter inflation that occurred under President Joe Biden. But the president ...
Atlanta Federal Reserve President Raphael Bostic said on Wednesday it is not clear when the Fed can cut interest rates again ...
LA-Orange County: Inflation was 3.3% in January, down from December’s 3.4%, which was the highest since May 2024. It was 2.5% ...
Peru is likely to hold borrowing costs unchanged Thursday after last month’s cut, even as inflation recently cooled below the midpoint of the central bank’s target band.
By Howard Schneider WASHINGTON (Reuters) -Federal Reserve Chair Jerome Powell repeated on Wednesday that the central bank is ...
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