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 ...
US inflation jump puts Fed officials on notice as Powell testifies
Higher inflation readings reported on Wednesday left Federal Reserve officials telling U.S. lawmakers, business executives ...
Powell testifies in Congress as inflation remains high
Federal Reserve Chair Jerome Powell refused to testify in Congress on President Trump's remarks about the Fed's ability to ...
Fed is ‘close but not there’ on getting inflation under control, Powell says
Federal Reserve Chair Jerome Powell said Wednesday that the January consumer-price index data fit with an overall picture ...
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 ...
InvestmentNews1d
Treasuries fall as Powell reaffirms rate-cut patience
The Fed chair's continued signals to delay policy easing sent 10-year yields higher, with money markets pricing in just one ...
Swissinfo2d
Commodity Currencies Slide on Trump Tariff Plans: Markets Wrap
Asian markets are set for a shaky open after President Donald Trump pledged tariffs on all imports of steel and aluminum, on top of his plan for other measures later this week. Commodity currencies ...
Week Ahead for FX, Bonds: U.S. Inflation Data, Fed Comments in Focus
Fed Chair Powell's monetary-policy testimony on Tuesday to the Senate Banking Committee, and on Wednesday to the House Financial Services Committee, will also be watched closely for clues on the rate ...
FXEmpire.com4d
Oil News: Crude Prices Hold Near Multi-Month Highs, Bullish Momentum Tested
Analysts, including Commodity Context’s Rory Johnston, note that the producer group ... Additionally, easing U.S. inflation has sparked speculation of potential Federal Reserve interest rate ...
Orlando Sentinel13d
Fed hold rates steady, sees inflation as ‘elevated,’ as Powell declines comment on Trump
Both a healthier job market and more stubborn inflation typically would imply fewer Fed rate cuts in the coming months. In a news conference Wednesday, Fed Chair Jerome Powell largely deflected ...