One by one, in public statements and private conversations, Republican lawmakers are beginning to speak up to protect ...
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Hosted on MSNJanuary CPI: Hot Inflation Print Should Keep the Fed SidelinedInflation worries were re-ignited after consumer prices rose faster than expected in January, with Wall Street experts ...
Federal Reserve Chair Jerome Powell said Wednesday President Donald Trump’s calls for lower interest rates won’t lead the central bank to change its rate decisions ...
The president's post came only a half hour before the Labor Department reported that inflation climbed last month.
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.
The change was slightly above analysts' expectations and is likely to bolster reluctance at the Fed to cut interest rates any further.
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