Inflation hit 7-month high of 3% in January. Here's what it means for Fed rate cuts
Inflation picked up for a fourth straight month in January amid another rise in in food and energy costs, possibly setting ...
The Financial Times29d
Transcript: Will US inflation ever go below 3%?
The US economy is cooling ... The Fed wants 2 per cent inflation and we are in something closer to a 3 per cent world and going sideways or declining slowly at best. So let’s call it the 2 ...
U.S. News & World Report1mon
US Inflation Picked up in December but Underlying Price Pressures Eased
US Inflation ... a world where the Trump policies are more like tenths, than something cataclysmic," he said Jan. 4. "But I think we’re also in a world where the direction of whether rates ...
The Australian Financial Review29d
US core inflation slows, reviving hopes for lower rates
Washington | US inflation picked up last ... even as the Fed has cut its key rate. Still, the increase in overall consumer prices underscores that inflation remains sticky, even as the threat ...
Newsweek29d
US Inflation Rises to 2.9% in December, as Gas and Egg Prices Drive Uptick
However, he added that even small shifts like this could influence the Fed's rate decisions, which are closely tied to inflation metrics. He said: "We are in a world where the Trump policies are ...
USA Today15d
Fed pauses interest rate cuts as inflation, Trump's plans create uncertainty
The Fed’s decision comes nearly a week after he told the World ... inflation and reduce consumer spending and economic growth. That would present a thorny dilemma for the Fed - keep rates ...
Reuters1mon
Rupee rebounds to post best day in over 7 months; US inflation data in focus
The rupee closed at 86.3625 against the U.S. dollar, up 0.3% on Wednesday, its best ... US tariff worries 1:46 PM UTC Reuters, the news and media division of Thomson Reuters, is the world ...
CNN29d
Wall Street soars on record bank profits and cooling inflation
“We believe the market will be encouraged by the decrease ... US economist at Morgan Stanley, said in a note Wednesday that he thinks Wednesday’s inflation report is consistent with a rate ...
Yahoo Finance6d
Jobs, inflation, and the Fed: How they're all related
How are inflation and the job market connected? A strong job market can drive inflation higher, but high inflation can also reverberate through the US ... reduce hiring, causing the ...