Finance & Commerce23m
U.S. inflation increased 3% in January from year ago
U.S. inflation accelerated last month as the cost of groceries, gasoline and rents rose, a disappointment for families and ...
Inflation rises as consumer prices surge in January
January's Consumer Price Index shows a significant increase, with economists concerned about future price hikes.
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Gold Declines for Second Consecutive Day, But Strong Investor Demand Signals Resilience
After hitting a historic high of US$2,968.50 per ounce on Tuesday, gold prices have now fallen for the second consecutive day ...
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Key takeaways from Fed Chair Jerome Powell’s congressional hearing
Washington (CNN) — America’s central bank is in no rush to slash interest rates any time soon, Federal Reserve Chair Jerome ...
Asia-Pacific markets open higher after Wall Street declines on inflation fears
Overnight in the U.S., the S&P 500 tumbled and bond yields spiked after consumer prices rose more than expected in January.
Jerome 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 ...
Utilities Down as Treasury Yields Rise -- Utilities Roundup
Shares of power producers fell after Treasury yields spiked in the wake of inflation data.
Materials Down After CPI Data — Materials Roundup
Producers of metals and other raw materials fell after a reported acceleration in consumer inflation. Fed Chairman Jerome Powell said January consumer-inflation fit with an overall picture that the ...
Stocks tumble, dollar rallies as US inflation heats up
U.S. stock futures tumbled and the dollar rose on Wednesday after data showed consumer inflation picked up more than expected ...