January inflation ran hot and the odds of Fed interest rate cuts fell as Consumer Price Index total CPI inflation accelerated to 3.0%, the highest rate since June 2024.

Faced with the threat of rising inflation, the U.S. Federal Reserve will wait until next quarter before cutting rates again, according to a majority of economists in a Reuters poll who previously expected a March cut.

You'll get an idea about when the Federal Reserve might resume cutting interest rates. The Fed and interest rates is a topic of intense discussion worldwide. 💵💰Don't miss the move: Subscribe to TheStreet's free daily newsletter 💰💵 Relatively high rates in the U.