Federal Reserve Chair Jerome Powell says the US has made progress toward 2% inflation but isn't quite there yet during a House Financial Services Committee hearing.

Dow Jones dived after hot inflation data in the stock market today. Nvidia partner SMCI soared. Fed Chief Powell continued ...

U.S. stocks pared early losses on Wednesday but remained mostly lower after inflation data came in hotter than expected, potentially complicating the Federal Reserve's job of returning inflation to ...

Federal Reserve Chair Jerome Powell appeared before the House Financial Services Committee after an inflation report showed consumer prices rose more than expected. Follow along for live updates on ...

Euro is attempting to snap a two-week losing streak with EUR/USD trading into yearly-open resistance today. A rebound off ...

Nearly the entire Dow Jones equity board lost ground on Wednesday, although Boeing (BA) and Walmart (WMT) managed to stake out room on the green side. Both companies gained around 1.2%, with Boeing ...

Federal Reserve Chair Jerome Powell said Wednesday’s inflation report offers the latest reminder that the central bank has made “great progress” towards bringing inflation closer to its goal but, ...

POWELL: ASKED IF FED WOULD LET DOGE HAVE ACCESS TO FED DATA, SAYS WE'VE HAD NO CONTACT, NOTHING TO REPORT Fed’s Powell: No ...

CPI data shows rising inflation at 0.5% MoM, 3.0% YoY. Market reacted with Treasury yields up, equity futures down. Click for ...

The consumer price index rose 3% on the year in January 2025. Economists worry that broad disinflation is over, even as ...

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