Rate cut hopes are fading fast as inflation data and record egg prices make ‘very uncomfortable’ reading for Jerome Powell
Data isn’t stacking up for a Fed rate cut, multiple regional presidents have hinted, as January’s CPI report makes for ...
GlobeSt.com2d
Higher Inflation Dogs Powell at Congressional Testimony
In his congressional testimony on Tuesday, Powell said, “Inflation has moved much closer to our 2 percent longer-run goal, ...
Opinion
Jerome Powell insulates Trump from Bidenflation and helps DOGE
Donald Trump has beckoned the Federal Reserve to slash the federal funds rate, evidently out of fear that current monetary policy will obstruct his imminent imposition of widespread tariffs. Jerome ...
Fed faces thorny decisions as it weighs when to lower interest rates amid Trump's tariffs
The Fed faces complex decisions as it decides how quickly to cut rates or whether to raise them amid Trump's tariffs and ...
Dow gains 120 points as stocks finish mostly higher ahead of CPI inflation report
U.S. stocks finished mostly higher on Tuesday, as investors digested remarks from Federal Reserve Chair Jerome Powell suggesting little urgency for further interest-rate cuts and awaited the January ...