Consumer prices rise 0.5% in Jan., higher than expected
US inflation unexpectedly increases to 3% in January
US inflation unexpectedly increased to 3 per cent in January, bolstering the case for the Federal Reserve to proceed slowly with interest rate cuts and hitting stocks and government bonds. Wednesday’s figure from the Bureau of Labor Statistics surpassed the expectations of economists polled by Reuters,
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President Trump Wednesday blamed Biden for a hot inflation report and called for lower interest rates. The Fed is likely to ...
The hearing before the Senate Banking Committee was relatively quiet absent a few back-and-forths on the economic effects of ...
Is it possible to find savings accounts with interest rates of 4% or more? See which banks currently offer 4% interest ...
Consumer spending increased a robust 4.2% at an annual rate following a 3.7% rise in the third ... Lower-income consumers ...
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A bill to limit the interest rate on credit cards has been introduced in Congress. The banking industry says capping rates ...
Powell was also asked about the high cost of home ownership and President Trump's trade policies, but as usual, the Fed chair ...
it reported that the average credit card interest rate on accounts with balances incurring interest was 22.80%. Keep in mind that annual percentage rates (APRs) on credit cards vary widely ...
Interest rate cuts When will rates go down again ... Rate cuts won't mean a massive or sudden drop in credit card annual percentage rates (APRs). They do have an impact, however, because ...
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Tariffs don't directly cause interest rates to rise, but they might be part of the recipe. Learn if rates will go up, and ...
Inflation picked up more than expected in January, returning to a 3% rate for the first time in seven months. The continued ...
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