While the fresh inflation reading represents only one print, it casts further doubt on whether the Fed has any more room to cut rates at all. It also resurfaced talk about whether ...
President Donald Trump made a campaign promise to lower prices on Day One. Well, it’s Day 24, and as anyone who has gone shopping for eggs lately knows: Prices aren’t any lower than they were on ...
Investors are now betting that the Federal Reserve will cut interest rates just once more this year, a drastic shift in expectations since late 2024.
U.S. inflation accelerated last month as the cost of groceries, gas, and used cars rose, a trend that will likely underscore the Federal Reserve's resolve to delay any further interest rate cuts.
“Core” C.P.I., which more closely reflects underlying inflation by removing volatile food and energy prices, also showed ...