The change was slightly above analysts' expectations and is likely to bolster reluctance at the Fed to cut interest rates any further.
Inflation’s recent uptick is a major reason the Federal Reserve has paused its interest rate cuts, after implementing three ...
President Trump Wednesday blamed Biden for a hot inflation report and called for lower interest rates. The Fed is likely to ...
Both of Trump’s key policies could reignite price increases, forcing the Fed to keep rates higher for longer, ...
Bond traders now expect the earliest Fed rate cut in December, as inflation concerns dampen hopes for a first-half ease.
These are today's mortgage and refinance rates. Elevated inflation has kept mortgage rates high, and it's unclear if they'll ...
Consumer prices rose sharply in January, underscoring why the Federal Reserve is in “no hurry," in the words of its chairman, to cut U.S. interest rates again. The consumer-price index rose a stiff 0.
CPI report exceeded expectations, causing market turbulence and confirming my warnings about rising inflation trends. Read ...
The Fed faces complex decisions as it decides how quickly to cut rates or whether to raise them amid Trump's tariffs and ...
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