Powell urges patience on interest rates, Chevron’s job cuts target production efficiencies amid uncertainty, and more news to ...
Consumer prices rose briskly in January, extending a recent pattern of increases at the start of the year that likely derails ...
January inflation ran hot, and the odds of Fed interest rate cuts fell as Consumer Price Index total CPI inflation ...
Higher inflation readings reported on Wednesday left Federal Reserve officials telling U.S. lawmakers, business executives ...
Fed policymakers should be talking about a potential rate hike with inflation heating up, economist Mohamed El-Erian says.
“Core” C.P.I., which more closely reflects underlying inflation by removing volatile food and energy prices, also showed ...
Federal Reserve Chair Jerome Powell said the latest consumer price data show that while the central bank has made substantial ...
US inflation picked up broadly at the start of the year, further undercutting chances of multiple Federal Reserve ...
Powell said officials need to see more progress on slowing inflation before considering further rate cuts but declined to ...
This week’s forthcoming Consumer Price Index report could show easing year-on-year inflation, increasing the potential for ...
Both headline and core readings of the consumer price index rose more than expected for the monthly and annual comparisons. Click to read.
The unexpected rise in price pressures prompted futures traders to increase the odds that the Federal Reserve will hold the benchmark rate at its current range beyond May.