A resilient job market, healthy economic growth, and high consumer demand point to an economy that’s in “an incredibly strong position,” explains PIMCO economist Tiffany Wilding. At the same time, ...

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With the latest U.S. inflation report coming in hotter than expected to start the year, are Fed interest rate cuts still on ...

US consumer inflation unexpectedly accelerated last month, according to government data published on Wednesday, adding to pressure on the Federal Reserve (Fed) to continue its rate cut pause.

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The US central bank “will make decisions about interest rates as we go,” Fed chair Jerome Powell said this week.

The Labor Department on Wednesday 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.

The consumer price index (CPI) edged up to 3.0 percent in January from a year ago, rising slightly from 2.9 percent in December, the Labor Department said in a statement.