Gold steadies as trade war concerns lend support
Gold prices steadied on Wednesday, buoyed by safe-haven demand amid fears of a global trade war spurred by U.S. President ...
Inflation grew in January as costs of gas, groceries go up
Inflation also worsened on a monthly basis, with prices jumping 0.5% in January from December, the largest increase since ...
Hopes for more Fed rate cuts dim as Powell notes hot CPI means ‘we're not quite there yet'
A Fed interest rate cut won’t be coming until at least September, if at all this year, following a troubling inflation report ...
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What drove U.S. inflation in January 2025
Inflation prices jumped to 0.5% from January to December, which was the largest increase since August 2023.
Markets trim Fed rate cut bets following hot inflation report
A hotter-than-expected inflation reading makes it much more likely that the Federal Reserve will keep rates on hold for the foreseeable future, reinforcing a cautionary stance from Jerome Powell and ...
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US inflation rises to 3% as president Trump says interest rates should be lowered
US inflation jumped to 3% in January, defying forecasts and adding pressure on the Federal Reserve to rethink its timeline ...
Trump calls on Fed to lower interest rates amid rising prices. Here's what he said just a week ago.
President Trump called on the Federal Reserve to lower interest rates in a post on his Truth Social platform Wednesday, following the hotter-than-expected inflation report. "Interest rates should be ...
With High Prices Persisting, Trump Tempers Tone on Slaying Inflation
President Trump pledged to lower costs on “Day 1” as a candidate. His administration now acknowledges it will take more time.
After CPI inflation report, fed-funds futures traders push back Fed rate-cut expectations
Traders in the federal-funds futures market on Wednesday morning pushed back their expectations for the Federal Reserve to cut its benchmark interest rate to the fourth quarter of 2025, after weighing ...
Hot Inflation In January 2025 Reduces Odds Of Fed Interest Rate Cuts
January inflation ran hot and the odds of Fed interest rate cuts fell as Consumer Price Index total CPI inflation accelerated ...