Fed is ‘close but not there’ on getting inflation under control, Powell says
Federal Reserve Chair Jerome Powell said Wednesday that the January consumer-price index data fit with an overall picture ...
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 ...
Trump’s best pick to succeed Powell at the Fed is this ‘battle-tested’ market expert
Falling global yields will drive Treasury yields lower and cause the Fed to follow. U.S. Federal Reserve Chair Jerome Powell ...
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 ...
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US CPI Data Highlights: Dow drops more than 150 points after CPI report
The US Bureau of Labor Statistics will release the January 2025 Consumer Price Index (CPI) data on February 12 at 8:30 AM ...
US inflation just got worse, prices for groceries, gasoline heading higher
President Donald Trump pledged to reduce prices in last year’s campaign, though most economists worry that his many proposed ...
Powell Says Fed Independence Is Critical to Its Inflation Fight
Powell defended the central bank’s independence from elected lawmakers’ desires. “Research over many, many years…shows that ...
January inflation ticks up to 3% annually as cost of groceries, gas, used cars rise
The latest Consumer Price Index report shows inflation ticked up to 3% in January from a year ago, a slight rise from the ...
Fed Needs to See Resumed Inflation Progress Before Cutting: Powell
Powell said officials need to see more progress on slowing inflation before considering further rate cuts but declined to ...
ASX to rise, Wall St slips on January CPI miss
Australian shares are poised to open higher. US inflation data weighs on Wall Street as rate outlook further clouds. Follow updates here.