Wall Street's main indexes hit an over one-week low on Wednesday, as a hotter-than-anticipated inflation reading added to ...
Inflation’s recent uptick is a major reason the Federal Reserve has paused its interest rate cuts, after implementing three ...
Expectations for rate cuts were recalibrated after CPI, with markets now predicting the Fed will hold rates steady until well ...
U.S. stocks are sinking after a report said inflation is unexpectedly getting worse for Americans. The S&P 500 fell 0.9% in ...
Higher prices for car insurance, airfares and a record monthly increase in the cost of prescription drugs paced the rise core ...
Investors are now betting that the Federal Reserve will cut interest rates just once more this year, a drastic shift in ...
The latest Consumer Price Index report shows inflation ticked up to 3% in January from a year ago, a slight rise from the ...
Consumer prices rose 3%, extending a recent pattern of increases at the start of the year that likely derails the prospect ...
Donald Trump on Wednesday morning dismissed a hotter-than-expected inflation report as 'Biden inflation' after making another ...
A hotter-than-expected inflation reading makes it much more likely that the Federal Reserve will keep rates on hold for the foreseeable future, reinforcing a cautionary stance from Jerome Powell and ...
U.S. President Donald Trump on Wednesday repeated his call for lower interest rates, arguing they would go 'hand in hand' ...
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