Just before the release of Wednesday’s monthly consumer price report, President Donald Trump called for lower interest rates ...
January's stronger-than-expected consumer-price index report could push the Federal Reserve to keep its hand on the pause button for interest-rate cuts throughout the rest of the year, according to ...
Gold slips as Powell signals no rush for rate cuts. CPI data and trade tensions add pressure, with key support at $2,857.49.
Federal Reserve Chair Jerome Powell said Wednesday President Donald Trump’s calls for lower interest rates won’t lead the ...
Higher prices for car insurance, airfares and a record monthly increase in the cost of prescription drugs paced the rise core ...
Fed Chair Jerome Powell made clear last month that he’s in no rush to reduce rates further, after lowering borrowing costs by a full percentage point in the final months of 2024. The US jobs ...
U.S. inflation accelerated last month as the cost of groceries and gasoline rose, a trend that will likely underscore the Federal Reserve’s resolve to delay any further interest rate cuts.
The central bank remains focused on its 2% inflation target and many officials prefer to observe how Trump’s tariffs and ...
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