U.S. inflation accelerated in January, unwelcome news to markets, companies and consumers hoping for interest rate relief, as ...
The change was slightly above analysts' expectations and is likely to bolster reluctance at the Fed to cut interest rates any further.
Donald Trump has beckoned the Federal Reserve to slash the federal funds rate, evidently out of fear that current monetary policy will obstruct his imminent imposition of widespread tariffs. Jerome ...
Data isn’t stacking up for a Fed rate cut, multiple regional presidents have hinted, as January’s CPI report makes for “uncomfortable” reading for Powell.
Higher inflation readings left Fed officials telling lawmakers, business executives and the public that they may be waiting ...
(Bloomberg) — US inflation showed scant signs of downward ... to hold the line on interest rates for now. Fed Chair Jerome Powell, who offers his semiannual testimony to lawmakers on Tuesday ...
The week will also see Fed Chairman Jerome Powell’s testimony to the US Congress. On Friday, President Trump said he could announce "reciprocal tariffs" on Monday or Tuesday, without specifying ...
Jerome Powell, the Federal Reserve chair, will testify on Capitol Hill. (Alexandra Citrin-Safadi/WSJ) Federal Reserve Chair Jerome Powell heads to Capitol Hill this week for two days of testimony ...
with investors looking ahead to a busy week of inflation data and congressional testimony by Federal Reserve Chair Jerome Powell. Trump on Sunday said he planned to impose tariffs on all steel and ...
US inflation figures will likely trigger high volatility. Fed Chair Jerome Powell faces Congress for the first time under the new administration. The US President Donald Trump cannot extract ...
with markets eyeing Federal Reserve Chairman Jerome Powell's testimony on Capitol Hill this week as well as the Commerce Department's reading of January inflation on Wednesday.