No sunny-side up for the Fed and Jerome Powell: Inflation and soaring egg prices crush rate-cut dreams
A sharp spike in January inflation, driven by record egg prices and rising fuel oil costs, has thwarted the Federal Reserve's ...
Egg prices are surging again. Why Powell and the Fed’s grip on inflation may be slipping.
The price increase in this consumer staple is complicating the central bank’s ability to achieve a soft landing.
Market holds steady despite inflation surprise, though it comes at key time for Powell
The higher than expected inflation number for January came during during Fed chairman Jerome Powell's semiannual testimony ...
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The latest inflation report shows that high prices are Trump's major economic challenge
Wednesday's consumer price index report showed that inflation is punching back — and Trump could end up facing the same ...
Stock market today: Dow leads stocks lower as hot inflation data pushes back rate cut hopes
US stocks were largely lower on Wednesday as investors digested a hotter-than-expected January inflation reading and ...
2025 was supposed to be the year mortgage rates fell — but that's looking less likely
Mortgage rates rose Wednesday in response to new inflation data. But borrowers can still find affordability, even when rates ...
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 ...
Calm descends as inflation, tariffs parsed
Hyperactive U.S. policy moves appear to have frozen macro markets this week, with Wednesday's key U.S. inflation release set ...
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Asian stocks rise as Powell rate warning taken in stride
Equities rose in Asia on Wednesday as traders took in their stride a warning from Federal Reserve boss Jerome Powell that the ...
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Powell Turns Hawkish, Copper Prices Fall Back From Highs [SMM Copper Morning Meeting Summary]
Powell Turns Hawkish, Copper Prices Fall Back From Highs] On February 11, #1 copper cathode spot prices against the SHFE 2502 contract were quoted at a discount of 20 yuan/mt to a premium of 20 ...
Dow Rises While Nasdaq Falls Ahead of CPI
Stocks wavered–while bond yields rose across the board definitively–ahead of tomorrow’s inflation report. The Dow Jones Industrial Average was up 123 points or 0.3% while the S&P 500 was flat and the ...
Stock market today: Dow rises, Nasdaq slips as Powell testifies, key inflation data looms
Investors are braced for more Trump tariffs as focus turns to inflation and Fed Chair Jerome Powell's Senate testimony.