President Donald Trump has once again called for lower interest rates, arguing that a rate cut would align with his ...
January's consumer price index came in hot, with Trump tariffs set to push prices higher. The S&P 500 tumbled on the CPI inflation report.
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 ...
Rep. Frank Lucas, a Republican from Oklahoma, asked Powell about the issues that the Fed will be examining during its ...
Defense Secretary Pete Hegseth has announced a major shift in U.S. policy on Ukraine: The way forward, he told allies in ...
Federal Reserve Chair Jerome Powell returns to Capitol Hill on Wednesday for the second day of his semiannual updates on ...
According to DeepSeek AI, SOL could surge to $250, if ETF approvals unlock institutional inflows and drive renewed investor ...
Consumers are seeing no relief from high prices as shelter, transportation and food costs drove inflation in January.
The president's post came only a half hour before the Labor Department reported that inflation climbed last month.
The consumer price index increased 3% in January from a year ago, Wednesday’s report from the Labor Department showed, up from 2.9% the previous month. It has increased from a 3 1/2 year low of 2.4% ...
Inflation rose unexpectedly in January, with the Consumer Price Index rising 3% over the last 12 months, up from 2.9% in December. Forecasters had expected inflation to slow down, but prices for food, ...
Traders in the federal-funds futures market on Wednesday morning pushed back their expectations for the Federal Reserve to cut its benchmark interest rate to the fourth quarter of 2025, after weighing ...