The consumer price index increased 3% in January from a year ago, Wednesday’s report from the Labor Department showed.
The consumer price index rose 3% on the year in January 2025. Economists worry that broad disinflation is over, even as ...
The latest remarks come just as new inflation data showed prices picking up more than expected. Federal Reserve Chair Jerome ...
Expectations for rate cuts were recalibrated after CPI, with markets now predicting the Fed will hold rates steady until well ...
The latest Consumer Price Index report shows inflation ticked up to 3% in January from a year ago, a slight rise from the ...
Powell is back on Capitol Hill, appearing before the House Financial Services Committee after the release of ...
Bitcoin briefly dipped below $95,000 on Wednesday morning, minutes after the US Bureau of Labor Statistics released CPI and ...
CNBC anchors Becky Quick and Joe Kernen were alarmed as stock futures "tanked" on worse-than-expected CPI in the January inflation report.
Investors are now betting that the Federal Reserve will cut interest rates just once more this year, a drastic shift in expectations since late 2024.
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