Economist Paul Krugman says Trump's tariffs, tax cuts, and deportations won't bring down grocery prices and will harm working ...
December's softer-than-expected monthly core reading from the consumer-price index likely gives the Federal Reserve "some breathing room" ahead of uncertain impacts from tariffs, said BMO Capital ...
Federal-funds futures on Wednesday were pointing to the Federal Reserve keeping its benchmark interest rate at the current level potentially until June, as traders assessed data showing that core U.S.
Inflation rose faster than expected in December, but core inflation was softer than expected as the Federal Reserve weighs a ...
Consumer inflation increased 2.9% in 2024, which is above the Federal Reserve's goal of 2%, but wages overall more than kept ...
Inflation is proving stickier than expected, which could cause Fed to hit pause button on more interest rate cuts.
Inflation fears are eating away at Bitcoin’s post-election gains, and consumer prices rose a greater-than-expected pace in ...
In the wake of Wednesday’s encouraging consumer price index, Wall Street still expects the Federal Reserve to pause cutting interest rates at its January meeting. But odds of multiple cuts in 2025 ...
US inflation continued to heat up at the end of 2024. The consumer price index rose 2.9% year-over-year in December, above ...
Scott Bessent, President-elect Donald Trump's nominee for Treasury secretary, will step into the spotlight this week, with the Senate Finance Committee scheduled to start his confirmation hearing at ...
Donald Trump's inauguration on Monday could herald a more volatile period for markets, with the Republican seen moving ...