Federal Reserve Chair Jerome Powell returns to Congress following January inflation spike
The change was slightly above analysts' expectations and is likely to bolster reluctance at the Fed to cut interest rates any further.
Hopes for more Fed rate cuts dim as Powell notes hot CPI means ‘we're not quite there yet'
A Fed interest rate cut won’t be coming until at least September, if at all this year, following a troubling inflation report ...
NBC Los Angeles3d
Europe stocks close higher after hotter-than-expected U.S. inflation print; Heineken up 14%
European markets closed slightly higher on Wednesday as global markets assessed the latest inflation reading out of the U.S.
US Inflation Jump Puts Fed Officials on Notice as Powell Testifies
U.S. Federal Reserve Chair Jerome Powell walks to testifying before a Senate Banking, Housing and Urban Affairs Committee ...
Fed's Powell heads back to Congress as data shows inflation jump in January
Federal Reserve Chair Jerome Powell repeated on Wednesday that the central bank is in no rush to cut interest rates during a ...
Powell says Trump's comments won't affect interest rate decisions by the Fed
Federal Reserve Chair Jerome Powell said Wednesday that President Donald Trump's calls for lower interest rates won't lead ...
FXS Fed Sentiment Index retreats but remains in hawkish territory ahead of Powell testimony
Federal Reserve (Fed) Chairman Jerome Powell will testify on the semiannual Monetary Policy Report before the Senate Banking, ...
GBP/USD recovers on general sentiment improvement
Tuesday saw the GBP/USD shake off its near-term bearish momentum, cutting off a three-day losing streak and recovering some ...
BusinessMirror3d
Shares edge higher with traders on inflation watch
SHARES edged higher as traders parsed the latest earnings news and looked forward to a key US inflation print later for clues on the outlook for interest-rate cuts. Europe’s Stoxx 600 posted modest ...
Gold-Silver Ratio: Silver Breakout Incoming?
Silver remains historically undervalued compared to gold. As more investors recognize this discrepancy, demand for silver ...
Inflation rises 3% in January, hotter than expected
The Labor Department on Wednesday released the consumer price index for January, which showed that inflation remained elevated in as the Federal Reserve considers a continued pause on rate cuts.
Mises Institute4d
Will the Federal Reserve Blame Tariffs for the Price Inflation the Fed Creates?
Tariffs, like oil prices, may have relevant implications on numerous trade factors, but they do not cause price inflation.