Powell says Trump’s comments won’t affect interest rate decisions by the Fed
WASHINGTON (AP) — Federal Reserve Chair Jerome Powell said Wednesday that President Donald Trump’s calls for lower interest ...
News Highlights: Top Global Markets News of the Day - Wednesday at 11 AM ET
Investors and traders were bracing for Wednesday's consumer-price index report for January to mostly reflect either little change from or a slight improvement over the final month of 2024. Yet one ...
Euro and European stocks dip as US inflation surprises to the upside
US inflation rose more than expected in January, shaking markets and pushing Fed rate cut expectations to December 2025. The ...
Wall Street slips after worse inflation data
The S&P 500 was 0.9% lower in early trading. The Dow Jones Industrial Average was down 418 points, or 0.9%, as of 9:35 a.m.
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US inflation worsened last month in sign of sticky price pressures
The figures underscore the stickiness of inflation, which created a major political problem for former President Joe Biden.
Navigating The (New) Conundrum
Stronger-than-expected inflation and labor market data into the end of 2024 led to the US Federal Reserve's decision to pause ...
Donald Trump's Pledge to Lower Costs on 'Day One' is Unravelling
A disappointing inflation reading and soaring egg prices have undermined Trump's promise to reduce costs on "day one." ...
Powell says Fed ‘well positioned’ for the ‘risks and uncertainties’ that lie ahead
Sen. John Kennedy, a Republican from Louisiana, praised Powell and the Fed for bringing down inflation from a 9.1% peak in ...
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Fed Chair Powell says officials are in no hurry to cut interest rates
The US central bank is in no rush to slash interest rates any time soon, Federal Reserve Chair Jerome Powell told lawmakers Tuesday.