Bank of America resets interest rate cut forecast after inflation shocker
The decision comes after the central bank trimmed rates three times starting in September 2024, which has pushed down the ...
US inflation worsened last month with prices for groceries and gasoline heading higher
U.S. inflation accelerated last month as the cost of groceries and gasoline rose, a trend that will likely underscore the ...
US producer inflation trends higher; labor market remains stable
U.S. producer prices increased solidly in January, offering more evidence inflation was picking up again and strengthening ...
Hotter January inflation jolts markets, dimming rate cut hopes
Surprisingly strong U.S. inflation in January stoked investor fears that a heating economy and looming tariffs could corner ...
US wholesale prices remained high last month, a sign progress on inflation may have stalled
US wholesale inflation remained stubbornly elevated last month, another sign that even higher prices could be ahead for ...
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NewsBriefs - US inflation rate exceeds expectations, reaching 3% in January
The US Consumer Price Index (CPI) in January 2025 recorded a higher than anticipated annual increase, reaching 3%, a ...