Markets took a sharp downward turn on Wall Street after U.S. government data Wednesday showed that inflation accelerated last ...
President Donald Trump made a rare appearance with Elon Musk, his most powerful adviser, in the Oval Office before signing an ...
Inflation accelerated in January, rising 3% on an annual basis, indicating that the Federal Reserve's push to drive inflation ...
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.
Inflation’s recent uptick is a major reason the Federal Reserve has paused its interest rate cuts, after implementing three ...
The sharp increase in consumer prices in January leaves the Federal Reserve in a holding pattern. The trend in inflation actually got worse at the start of the new year and gives the central bank ...
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.
President Trump pledged to lower costs on “Day 1” as a candidate. His administration now acknowledges it will take more time.
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