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 ...
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 ...
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 ...
Fed's Powell heads back to Congress as data shows inflation jump in January
Federal Reserve Chair Jerome Powell repeated on Wednesday that the central bank is in no rush to cut interest rates during a ...
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 ...
The Straits Times14d
Gold holds decline after Fed chair Jerome Powell flags pause in Fed easing cycle
MELBOURNE – Gold held a slight decline after US Federal Reserve chair Jerome Powell said officials ... central bank is pausing easing to see further progress on inflation. Bullion traded near ...
Financial Post5d
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 ...
FXEmpire.com12d
US Dollar Forecast: DXY Gains as Inflation Pressures May Delay Fed Easing
Treasury yields moved higher after the PCE report signaled inflation persistence, impacting rate-cut bets. Fed officials, including Jerome Powell ... will not rush into easing policy.
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 ...
Southeast Missourian12d
US inflation is lingering and tariffs threatened by Trump could nudge prices in wrong direction
WASHINGTON (AP) — An inflation gauge closely watched by the Federal Reserve rose slightly last month, while some underlying prices pressures showed signs of easing. The latest inflation figures ...