Inflation leaped 3% in January. Here's what it means for Fed rate cuts
The Fed lowered its key interest rate by a total percentage point at three meetings late last year but held it steady in late ...
MLive9m
US inflation just got worse, prices for groceries, gasoline heading higher
President Donald Trump pledged to reduce prices in last year’s campaign, though most economists worry that his many proposed ...
S&P 500, Dow, Nasdaq open down. Inflation unexpectedly accelerates, and it's not just eggs
US stocks fell at the open after January inflation unexpectedly heated up, likely keeping rates steady. Some economists say ...
US consumer prices post largest increase in nearly 1-1/2 years in January
U.S. consumer prices increased by the most in nearly 1-1/2 years in January, with Americans facing higher costs for housing ...
How Will Tariffs Impact You? Here’s What To Know About Trump’s Plans
From reciprocal tariffs to a focus on Mexico and Canada, here’s the latest on Trump’s economic plan and how it will impact ...
Bitcoin drops below $95K as US inflation surpasses expectations
Bitcoin briefly dipped below $95,000 on Wednesday morning, minutes after the US Bureau of Labor Statistics released CPI and ...
Alaska Dispatch News40m
US inflation worsens as prices for groceries and gasoline head higher
The consumer price index increased 3% in January from a year ago, Wednesday’s report from the Labor Department showed, up from 2.9% the previous month. It has increased from a 3 1/2 year low of 2.4% ...
Markets trim Fed rate cut bets following hot inflation report
A hotter-than-expected inflation reading makes it much more likely that the Federal Reserve will keep rates on hold for the foreseeable future, reinforcing a cautionary stance from Jerome Powell and ...
January US CPI Report Shows Inflation at a 3.0% Annual Rate
Economists expected consumer prices to rise 0.3% on a monthly basis in January, and for the annual inflation rate to rise to ...