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 ...
Fed faces thorny decisions as it weighs when to lower interest rates amid Trump's tariffs
Federal Reserve Chair Jerome Powell was expected to be grilled by U.S. lawmakers Tuesday about when the central bank will resume its interest rate cutting campaign after pausing last month amid ...
US inflation worsened last month with prices for groceries and gasoline heading higher
President Donald Trump pledged to reduce prices in last year’s campaign, though most economists worry that his many proposed tariffs could at least temporarily increase costs.
Trump blames Biden for hot inflation report, calls for lower interest rates as markets plunge
President Trump Wednesday blamed Biden for a hot inflation report and called for lower interest rates. The Fed is likely to ...
Here's the inflation breakdown for January 2025 — in one chart
The consumer price index rose 3% on the year in January 2025. Economists worry that broad disinflation is over, even as ...
US inflation ticks up as cost of groceries, gasoline grow
The consumer price index increased 3% in January from a year ago, Wednesday’s report from the Labor Department showed.
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US inflation surges highest since June 2024, complicates Trump’s tariff plans
US consumer inflation surged to a new high in January 2025, rising 3% year-on-year, driven by housing and food prices ...
Powell says Trump’s comments won’t affect interest rate decisions by the Fed
Federal Reserve Chair Jerome Powell said Wednesday President Donald Trump’s calls for lower interest rates won’t lead the ...
Powell Says Trump’s Rate Comments Won’t Impact Fed Policy
President Trump said that interest rates should come down earlier Wednesday. Officials have said they are in no rush to cut ...