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Tariffs, immigration plans leave the Fed with tough calls on rates
Federal Reserve Chair Jerome Powell was grilled by U.S. lawmakers Tuesday about when the central bank will resume its interest rate cutting campaign after pausing last month amid elevated inflation ...
The latest inflation report shows that high prices are Trump's major economic challenge
As a candidate last year, Donald Trump suggested he could easily conquer inflation and ease voters' fears about the economy. ...
Finance & Commerce4h
U.S. inflation increased 3% in January from year ago
U.S. inflation accelerated last month as the cost of groceries, gasoline and rents rose, a disappointment for families and ...
Inflation rises as consumer prices surge in January
January's Consumer Price Index shows a significant increase, with economists concerned about future price hikes.
Erie News Now5h
Key takeaways from Fed Chair Jerome Powell’s congressional hearing
Washington (CNN) — America’s central bank is in no rush to slash interest rates any time soon, Federal Reserve Chair Jerome ...
Asia-Pacific markets open higher after Wall Street declines on inflation fears
Overnight in the U.S., the S&P 500 tumbled and bond yields spiked after consumer prices rose more than expected in January.
Warren, Waters question Fed chair on proposal ‘upending’ bank stress test framework
Sen. Elizabeth Warren (D-Mass.) and Rep. Maxine Waters (D-Calif.) teamed up to question the Federal Reserve’s proposal to ...
Powell says Trump’s comments won’t affect interest rate decisions by the Fed
WASHINGTON (AP) — Federal Reserve Chair Jerome Powell said Wednesday that President Donald Trump’s calls for lower interest ...
Materials Down After CPI Data — Materials Roundup
Producers of metals and other raw materials fell after a reported acceleration in consumer inflation. Fed Chairman Jerome Powell said January consumer-inflation fit with an overall picture that the ...