Hosted on MSN6d
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 ...
Donald Trump Blames Biden For Hot Inflation Data As Fed Chief Jerome Powell Grilled On Capitol Hill
U.S. inflation accelerated in January, unwelcome news to markets, companies and consumers hoping for interest rate relief, as ...
USA Today6d
Federal Reserve Chair Jerome Powell returns to Congress following January inflation spike
Federal Reserve Chair Jerome ... progress on inflation may remain stalled. “We are close but not there on inflation. Today's inflation print...says the same thing," Powell told the House ...
Powell Says CPI Report Shows ‘We’re Not Quite There’
Federal Reserve Chair Jerome Powell said Wednesday’s inflation report offers the latest reminder that the central bank ha ...
Yahoo Finance6d
Fed rate cuts bets trimmed as Powell says 'close but not there' on inflation
reinforcing a cautionary stance from Fed Chair Jerome Powell. "I would say we're close but not there on inflation," Powell said Wednesday in an appearance before House lawmakers, citing the new ...
Powell Says Easing Bank Capital Requirements Could Help Treasury Market
In House testimony Wednesday, Federal Reserve Chair Jerome Powell said a proposal to ease capital requirements for U.S. banks ...
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.
Yahoo Finance6d
Fed rate cuts bets trimmed as Powell says 'close but not there' on inflation
A hotter-than-expected inflation reading at the start of 2025 makes it much more likely that the Federal Reserve will keep rates on hold for the foreseeable future, reinforcing a cautionary stance ...