Hot Inflation In January 2025 Reduces Odds Of Fed Interest Rate Cuts
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.
US inflation rose a higher-than-expected 3% in January, dashing hopes for interest rate cuts
US consumer prices came in hotter than expected in January as inflation showed few signs of weakening, dashing hopes for interest rate cuts in the near term. The Consumer Price Index rose 0.5% last month — an increase from December’s 0.4% growth, the Bureau of Labor Statistics said on Wednesday.
Fed Chair Powell says officials are in no hurry to cut interest rates
The US central bank is in no rush to slash interest rates any time soon, Federal Reserve Chair Jerome Powell told lawmakers Tuesday.
Solid January Jobs Data Will Likely Keep Fed Interest Rate Cuts On Hold
The January jobs report revealed a drop in the unemployment rate to 4%, accompanied by payroll gains of 143,000. A Fed interest rate cut in March is now very unlikely.
Inflation remained stubbornly high in January, new data expected to show
Another risk for policymakers: the “January effect,” or the resetting of consumer prices for things like rents and other services, which could fuel hotter inflation at the beg
Fed's Powell: Strong economy means no hurry to cut rates
The U.S. Federal Reserve is in no rush to cut its short-term interest rate again given an economy that is "strong overall," with low unemployment and inflation that remains above the Fed's 2% target,
Inflation Rises Unexpectedly, Keeping Fed Rate Cuts at Bay
U.S. inflation rose to 3 percent in January, strengthening the case for the Federal Reserve to extend a pause on interest rate cuts. The Consumer Price Index unexpectedly ticked higher from a year earlier,
US Core Inflation Rose 0.4% in January, Topping Forecasts
Underlying US inflation last month rose by more than forecast, supporting the Federal Reserve’s cautious approach to lowering interest rates.
Inflation leaped 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 the stage for a year of halting progress in the battle to slow consumer price increases as President Trump rolls out myriad import tariffs.
Trump says lower interest rates would go hand-in-hand with tariffs
President Donald Trump on Wednesday said that interest rates should be lowered and that would go "hand in hand" with his ...
US inflation increasing: Groceries, gas and cars cost more; interest rate cuts unlikely
Inflation’s recent uptick is a major reason the Federal Reserve has paused its interest rate cuts, after implementing three ...
Fed faces thorny decisions as it weighs when to lower interest rates amid Trump's tariffs
The Fed faces complex decisions as it decides how quickly to cut rates or whether to raise them amid Trump's tariffs and ...
Strong CPI print could prompt Fed to keep interest rates on hold for 'at least the remainder of 2025,' says one analyst
January's stronger-than-expected consumer-price index report could push the Federal Reserve to keep its hand on the pause button for interest-rate cuts throughout the rest of the year, according to ...
Will mortgage interest rates fall in February without a Fed meeting? Experts weigh in
If you look at the biggest industry forecasts, analysts predict that mortgage rates will either hold steady or drop slightly ...
Powell says Fed not 'in a hurry' to cut interest rates with 'economy remaining strong'
Federal Reserve Chair Jerome Powell will tell the Senate banking committee the Fed isn't "in a hurry" to resume its interest rate cutting campaign.
Why inflation and Trump tariffs mean interest rate cuts are a drop in the ocean for UK small businesses
The interest rate cut is a step in the right direction, but small businesses are facing so many pressures that they will ...
Bank of England to cut interest rates only twice more, NIESR predicts
Britain is set for solid growth and falling inflation this year but the Bank of England has little scope to cut interest ...