U.S. inflation accelerated last month as the cost of groceries, gas, and used cars rose, a disappointment for families and ...
The fight against inflation continued to face headwinds in January, with consumer prices rising more than expected.
Wednesday's hotter-than-expected CPI report for January might possibly spell the end of the Federal Reserve's rate-cutting cycle, which has been on pause since officials delivered three quarter-point ...
President Donald Trump made a rare appearance with Elon Musk, his most powerful adviser, in the Oval Office before signing an ...
President Trump's comments come a day after Fed Chairman Jerome Powell said on Capitol Hill that the central bank doesn’t need to “hurry" to lower interest rates.
Consumer prices rose sharply in January, underscoring why the Federal Reserve is in “no hurry," in the words of its chairman, to cut U.S. interest rates again. The consumer-price index rose a stiff 0.
U.S. consumer prices rose faster than expected in January in a sign progress on inflation may remain stalled, data showed on ...