US stocks were largely lower on Wednesday as investors digested a hotter-than-expected January inflation reading and ...

US stocks were largely lower on Wednesday as investors digested a hotter-than-expected January inflation reading and investors pared back bets on Federal Reserve interest rate cuts in 2025. The ...

WASHINGTON (AP) — Federal Reserve Chair Jerome Powell said Wednesday that President Donald Trump’s calls for lower interest ...

The strong CPI print for January is raising concerns about a reacceleration in inflation, along with questions about whether ...

President Donald Trump has pledged to lower borrowing costs for Americans, but hotter-than-expected inflation data on ...

Surprisingly strong U.S. inflation in January stoked investor fears that a heating economy and looming tariffs could corner the Federal Reserve, undercutting interest rate-cut hopes and even raising ...

Equities sold off after a hot reading on consumer price inflation pushed back rate cuts to autumn or year-end.

The U.S. dollar jumped to a one-week high against the Japanese yen on Wednesday after data showed that consumer prices rose ...

The dollar held mostly steady against other major currencies on Wednesday as traders awaited U.S. inflation data, though ...

The latest Consumer Price Index report shows inflation ticked up to 3% in January from a year ago, a slight rise from the previous month.

Inflation likely stayed elevated last month in the latest sign that consumer price growth has gotten stuck after declining for much of last year.

“Core” C.P.I., which more closely reflects underlying inflation by removing volatile food and energy prices, also showed ...