US inflation got worse with rising prices on groceries and gasoline
The consumer price index increased 3% in January from a year ago, Wednesday’s report from the Labor Department showed, up ...
Don't read too much into January CPI report, Chicago Fed's Goosbee says
Chicago Fed President Austan Goolsbee called the January Consumer Price Index data "sobering" when the inflation rate came in ...
Hopes for more Fed rate cuts dim as Powell notes hot CPI means ‘we're not quite there yet'
A Fed interest rate cut won’t be coming until at least September, if at all this year, following a troubling inflation report ...
Fed Chair Powell says central bank doesn't ‘need to be in a hurry' to lower interest rates further
Powell called the economy “strong overall” with a “solid” labor market and inflation that is easing but still above the Fed’s ...
Fed faces thorny decisions as it weighs when to lower interest rates amid Trump's tariffs
The Fed faces complex decisions as it decides how quickly to cut rates or whether to raise them amid Trump's tariffs and ...
Finance & Commerce4d
Congress likely to press Powell about shifting economic expectations
The odds of further interest rate cuts this year by the Federal Reserve dwindled last week as unemployment fell and more ...
Little to no relief from high borrowing costs expected as Fed Chair Powell heads to the Hill
The odds of further interest rate cuts this year by the Federal Reserve dwindled last week as unemployment fell and more officials say they want to see how new policies from the White House affect the ...
PBS7d
Chicago Fed president on what the new jobs report says about the economy
The new jobs report shows the pace of hiring slowed slightly in January with the economy adding 143,000 jobs. The report also ...
The US labor market isn't putting pressure on the Fed's plans to cut interest rates in 2025
A strong January jobs report has investors believing the Federal Reserve likely won't be cutting interest rates in the near ...
US jobs report: Employers add 143,000 jobs in January as unemployment rate sits at 4%
Employers added 143,000 jobs in January amid LA wildfires, cold weather and uncertainty over President Trump's trade and ...
MNI9d
FED: Chicago's Goolsbee Hints That PPI Could Gain Importance For Fed Watchers
Chicago Fed Pres Goolsbee (dove, 2025 FOMC voter) repeats his characterization of the end-level of Fed rates in this cycle as "a fair bit lower" - and hints that PPI reports could gain greater ...