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.
Treasury yields rallied as U.S. January inflation came in a little hotter than forecast following hawkish remarks by Fed Chair Powell yesterday.
Inflation’s recent uptick is a major reason the Federal Reserve has paused its interest rate cuts, after implementing three ...
President Trump pledged to lower costs on “Day 1” as a candidate. His administration now acknowledges it will take more time.
U.S. consumer prices increased more than expected in January, reinforcing the Federal Reserve's message that it was in no ...
Trump again switched positions on the Fed, indicating in a social media post Wednesday that interest rates need to come down.
Last year, Trump suggested the U.S. president should have "at least" a say over setting interest rates, something that would ...
US consumer prices came in hotter than expected in January as inflation showed few signs of weakening, dashing hopes for ...