The Consumer Price Index report for January is expected to show broadly unchanged annual inflation according to nowcasts.
Inflation is proving stickier than expected, which could cause Fed to hit pause button on more interest rate cuts.
The Federal Reserve expressed concern that inflation has not eased enough for it to continue lowering interest rates.
This contradicts months of claims from Jerome Powell who has insisted that price inflation was rapidly returning to the Fed's ...
The Federal Reserve will hold its first policy meeting of the year on Jan. 28 and 29, where it is widely expected to keep ...
The consumer price index increased 0.2% in the three months to December 2024, bringing the annual result to 2.4% on a ...
New White House Press Secretary Karoline Leavitt urged members of Congress to confirm Trump's nominees to address problems ...
A Labor Department report showed the Consumer Price Index (CPI) rose 2.9 per cent on an annual basis in December 2024, the highest since last July ...
This contradicts months of claims from Jerome Powell who has insisted that price inflation was rapidly returning to the Fed's ...