January’s consumer price index exceeded expectations, leading to diminished hopes for multiple Federal Reserve rate cuts.
Donald Trump promised as a candidate that he could easily conquer inflation, but the reality is proving tougher than he ...
Data isn’t stacking up for a Fed rate cut, multiple regional presidents have hinted, as January’s CPI report makes for ...
The January Consumer Price Index grew at 3% compared to the same month last year, an acceleration from 2.4% in September. The Producer Price Index was approximately the same. Both remain above the ...
Stocks have defied even the most bullish forecasts since bottoming in October 2022, with the S&P 500 returning roughly 65 percent in that span. To strategist Tom Essaye, who writes the Sevens Report, ...
The hotter-than-expected wholesale inflation came just a day after data showed consumer prices rose more than anticipated.
Oil prices fell as Trump initiated peace talks between Russia and Ukraine, combined with rising U.S. crude stockpiles and Fed ...
U.S. inflation accelerated last month as the cost of groceries, gasoline and rents rose, a disappointment for families and ...
Federal Reserve Chair Jerome Powell said Wednesday that President Donald Trump’s calls for lower interest rates won’t lead ...
U.S. stock futures tumbled and the dollar rose on Wednesday after data showed consumer inflation picked up more than expected ...
A disappointing inflation reading and soaring egg prices have undermined Trump's promise to reduce costs on "day one." ...
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