The crypto markets have taken a hit after the release of the U.S. January Consumer Price Index report, which indicated a ...
Signs of resurgent inflation shown in January's consumer-price index can't be "easily explained away" by seasonal factors, and pressure will build on the Federal Reserve to stay on hold for a ...
The Bureau of Labor Statistics reported hotter-than-expected growth in the U.S. consumer price index, forcing markets to recalibrate rate expectations.
Federal Reserve chair Jerome Powell reiterated the central bank is in no rush to cut interest rates with inflation still ...
The Federal Reserve is prepared to keep its key interest rate unchanged for now as inflation remains elevated and the job ...
The US central bank is in no rush to slash interest rates any time soon, Federal Reserve Chair Jerome Powell told lawmakers Tuesday.
Powell called the economy “strong overall” with a “solid” labor market and inflation that is easing but still above the Fed’s ...
with reductions in September, November, and December. Though the Fed later implemented a January rate pause, the three 2024 rate cuts had already nudged savings and CD rates somewhat lower. With the ...