The Bureau of Labor Statistics reported hotter-than-expected growth in the U.S. consumer price index, forcing markets to recalibrate rate expectations.
Investors are now betting that the Federal Reserve will cut interest rates just once more this year, a drastic shift in expectations since late 2024.
U.S. stocks are sinking Wednesday after a report said inflation is unexpectedly getting worse for Americans, before even the ...
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 ...
January's consumer price index came in hot, with Trump tariffs set to push prices higher. S&P 500 futures tumbled on the CPI inflation report.
Stronger-than-expected inflation and labor market data into the end of 2024 led to the US Federal Reserve's decision to pause ...
U.S. stock index futures took a pause on Wednesday, as investors refrained from making big bets ahead of a crucial inflation ...
Jerome Powell made it clear this week the Federal Reserve is in “no hurry” to cut U.S. interest rates in light of lingering inflation and a strong economy. The January report on consumer prices is ...
Gold price consolidates the previous pullback from record highs of $2,943, struggling below $2,900 early Wednesday. All eyes ...