At 3.0%, the US consumer inflation is a full 100 bps above the Fed target of 2.0%, reducing further rate cut hopes ...

Gold prices pared some of its gains after the hawkish Fed. It hit a high of $2942 yesterday and currently trading around ...

Cardano's ADA is trading higher, buoyed by Grayscale's recent spot ETF application, while bitcoin (BTC) remains rangebound in ...

Fed-funds futures traders were reacting to Federal Reserve Chairman Jerome Powell's first day of testimony by factoring in a slightly greater chance of no action or only one rate cut by year-end. They ...

Jerome Powell's testimony supports a projection of fewer rate cuts this year than had been projected, Nationwide chief economist Kathy Bostjancic said. There will be only one quarter-point cut from ...

U.S. stock futures fell on Wednesday after a mixed close on Tuesday as Federal Reserve Chairman Jerome Powell Congress ...

According to QCP Capital, the current market stability could embolden Trump to take a tougher stance. "A feedback loop is ...

As inflation eases, the Federal Reserve could shift back to a dovish stance, which will bode well for crypto prices.

US President Donald Trump on Wednesday blamed his predecessor Joe Biden for last month’s unexpected acceleration in consumer inflation, as he looked to deflect a moment of potential political peril ...

Inflation increased by 0.5 per cent in January from a month earlier, while core inflation rose by 0.4 per cent. Read more at ...

January's consumer price index came in hot, with Trump tariffs set to push prices higher. The S&P 500 tumbled on the CPI inflation report.

The Dow Jones dived after hot inflation data but pared losses. Nvidia partner Super Micro climbed. Fed Chief Powell wrapped up his testimony in Congress.