US inflation worsened last month with cost of groceries and gasoline rising
U.S. inflation accelerated last month as the cost of groceries, gas, and used cars rose, a trend that will likely underscore ...
US Dollar turns down despite hot CPI
The US Dollar Index jumped after January CPI data surprises to the upside, fueling expectations of higher rates for a longer ...
Elizabeth Warren to Elon Musk: ‘You Don’t Get to Slither Around in the Dark’
The Massachusetts senator decries Donald Trump’s vandalism of the Consumer Financial Protection Bureau and Musk’s "Mount Everest of conflicts." ...
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US CPI Data Highlights: Dow drops more than 150 points after CPI report
The US Bureau of Labor Statistics will release the January 2025 Consumer Price Index (CPI) data on February 12 at 8:30 AM ...
Fed Needs to See Resumed Inflation Progress Before Cutting: Powell
Powell said officials need to see more progress on slowing inflation before considering further rate cuts but declined to ...
Powell says Trump's comments won't affect interest rate decisions by the Fed
Federal Reserve Chair Jerome Powell said Wednesday that President Donald Trump's calls for lower interest rates won't lead ...
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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 ...
Hopes for more Fed rate cuts dim as Powell notes hot CPI means 'we're not quite there yet'
A Fed interest rate cut won't be coming until at least September, if at all this year, following a troubling inflation report ...
Fed's Powell says central bank still has access to data it needs
Federal Reserve Chairman Jerome Powell said Wednesday the central bank has not been cut off from any data it needs to do its ...