Trump slams ‘Bidenflation’ after prices rise more than than expected in January
US inflation rose unexpectedly in January — prompting President Trump to slam his predecessor Joe Biden as the downbeat ...
Only one Fed rate cut expected in 2025 after hot January inflation data
U.S. CPI report sent traders scrambling to further recalibrate their Fed rate cut expectations. Read more here.
Fed’s Bostic says rate cuts still possible in 2025: 'I am not taking anything off the table'
Atlanta Federal Reserve president Raphael Bostic told Yahoo Finance that interest rate cuts are still on the table this year as policymakers assess how the economy is evolving and digest new policies ...
US consumer inflation increases at fastest pace in nearly 1-1/2 years in January
Americans are facing higher costs. Trump was elected on promises to lower prices for inflation-weary consumers and high ...
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 ...
The Economist1d
Investors fear inflation is coming back. They may be right
A fter peaking in 2022 at 11% year on year, inflation across the rich world has steadily fallen. Until now. As central banks ...
30% of Americans increased their emergency savings in 2024. That's progress, expert says
Inflation and high interest rates are still taking a toll, but more Americans are able to set money aside in an emergency ...
Pensions&Investments9d
Hotter-than-expected January inflation numbers may put 'final nail in coffin for rate-cut cycle,' asset managers say
A stronger-than-expected January inflation figure is likely to further cement the Federal Reserve’s cautious approach to ...
The End Of The Fed?—Trump Calls For Lower Rates As Bitcoin Price Plummets
Last year, Trump suggested the U.S. president should have "at least" a say over setting interest rates, something that would ...
El-Erian says Fed should be talking about a rate hike if 2% inflation is still its goal
Fed policymakers should be talking about a potential rate hike with inflation heating up, economist Mohamed El-Erian says.
Fed chair says bank accounts 'safe' despite Trump's teardown of consumer protection agency
The Federal Reserve is prepared to keep its key interest rate unchanged for now as inflation remains elevated and the job ...
BusinessWorld1d
Peso strengthens further on Fed minutes
THE PESO climbed against the dollar on Thursday to close at the P57 level amid uncertainty over the US Federal Reserve’s monetary easing cycle. The local unit closed at P57.94 per dollar on Thursday, ...