Signs of resurgent inflation shown in January's consumer-price index can't be "easily explained away" by seasonal factors, and pressure will build on the Federal Reserve to stay on hold for a ...
Gold's appeal as a haven from risk strengthened further as newly elected U.S. President Donald Trump turned to tariffs to aid ...
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 ...
WASHINGTON: US consumer prices increased more than expected in January, reinforcing the Federal Reserve's message that it was ...
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.
Consumers are seeing no relief from high prices as shelter, transportation and food costs drove inflation in January.
The Massachusetts senator decries Trump’s vandalism of the Consumer Financial Protection Bureau and Musk’s “Mount Everest of ...
Powell was also asked about the high cost of home ownership and President Trump's trade policies, but as usual, the Fed chair ...
President Trump's comments come a day after Fed Chairman Jerome Powell said on Capitol Hill that the central bank doesn’t need to “hurry" to lower interest rates.
President Trump pledged to lower costs on “Day 1” as a candidate. His administration now acknowledges it will take more time.
U.S. consumer prices rose faster than expected in January in a sign progress on inflation may remain stalled, data showed on ...
Trump again switched positions on the Fed, indicating in a social media post Wednesday that interest rates need to come down.