Inflation Heated Up in Jan., Freezing Fed
Inflation remained stubbornly high in January, as grocery, gasoline and shelter costs all rose. Egg prices saw their biggest ...
The fight against inflation continued to face headwinds in January, with consumer prices rising more than expected.
The consumer price index rose 3% on the year in January 2025. Economists worry that broad disinflation is over, even as ...
Billionaire adviser to Donald Trump, Elon Musk, is running the non-government body called Department of Government Efficiency ...
Expectations for rate cuts were recalibrated after CPI, with markets now predicting the Fed will hold rates steady until well ...
“Core” C.P.I., which more closely reflects underlying inflation by removing volatile food and energy prices, also showed ...
Wages have risen fast enough to overcome inflation in recent years. Even so, consumers are still vibing economic ennui.
The dollar was trading steady as investors weigh remarks from Federal Reserve Chair Jerome Powell and look ahead to U.S.
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