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 ...
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 ...
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 ...
Federal Reserve Chair Jerome Powell returns to Congress following January inflation spike
The change was slightly above analysts' expectations and is likely to bolster reluctance at the Fed to cut interest rates any further.
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 ...
Swissinfo4d
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.
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 ...