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 ...
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 ...
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 ...
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 ...
Financial Post4d
Inflation Is Proving Sticky as Fed Chair Powell Heads to the Hill
(Bloomberg) — US inflation showed scant signs of downward momentum at the start of the year, while healthy job growth undergirded the economy, backing the Federal Reserve’s stance to hold the line on ...
Yahoo Finance13d
Fed Holds Rates Steady, Takes Note of Elevated Inflation
That divergence as well as a series of stronger than expected reports on the economy and inflation has not been lost on the Fed. Following the bank's December meeting, Chair Jerome Powell made ...
UBS13d
CIO believes that the Fed will resume its easing cycle later in the year
The Federal Reserve kept rates unchanged for the first time since beginning its easing ... Jerome Powell signaled that policymakers see no urgency to ease further, given the resilience of the economy.
Swissinfo3d
Inflation Is Proving Sticky as Fed Chair Powell Heads to the Hill
Fed Chair Jerome Powell, who offers ... prices at the start of 2025 easing to the slowest pace since August. Wholesale prices, though, another measure of inflation, likely accelerated.