President Donald Trump made a rare appearance with Elon Musk, his most powerful adviser, in the Oval Office before signing an ...
January's stronger-than-expected consumer-price index report could push the Federal Reserve to keep its hand on the pause button for interest-rate cuts throughout the rest of the year, according to ...
Inflation rose to 3% for the year ending in January, the Bureau of Labor Statistics reported Wednesday in an update to the ...
Inflation’s recent uptick is a major reason the Federal Reserve has paused its interest rate cuts, after implementing three ...
The latest remarks come just as new inflation data showed prices picking up more than expected. Federal Reserve Chair Jerome ...
The figures underscore the stickiness of inflation, which created a major political problem for former President Joe Biden.
President Trump pledged to lower costs on “Day 1” as a candidate. His administration now acknowledges it will take more time.
The price of eggs rose 15.2% from December to January on a seasonally adjusted basis and 53% from January 2024 to last month ...
The Labor Department released the consumer price index for January which showed that inflation remained elevated in as the Federal Reserve considers a continued pause on rate cuts.
Trump again switched positions on the Fed, indicating in a social media post Wednesday that interest rates need to come down.
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