Inflation hike dims case for Fed to cut interest rates
A key gauge of inflation- the consumer price index- showed Wednesday morning that prices climbed by 3 percent in January from a year earlier, according to the Labor Department. Wednesday's data boosts the case for the Federal Reserve to maintain a pause on interest rate cuts while the economy is strong and inflation remains elevated.
Kumar, Sri-Kumar Global Strategies president, and Lindsey Piegza, Stifel chief economist, join 'Squawk Box' to react to ...
Fed policymakers should be talking about a potential rate hike with inflation heating up, economist Mohamed El-Erian says.
Last year, Trump suggested the U.S. president should have "at least" a say over setting interest rates, something that would ...
High CD interest rates may remain high now that inflation's ticking up again. Here's what savers should consider.
In his prepared remarks, Federal Reserve Chairman Jerome Powell did not raise the possibility of lifting rates. Powell mentioned only holding steady and further easing. If the economy remains strong ...
The Federal Reserve is prepared to keep its key interest rate unchanged for now as inflation remains elevated and the job ...
NerdWallet on MSN5h
Rising Inflation Shoves Mortgage Rates Higher"This week’s higher-than-expected inflation rate suggests that Fed rate cuts will be delayed, potentially until the summer," ...
The Fed faces complex decisions as it decides how quickly to cut rates or whether to raise them amid Trump's tariffs and ...
Wholesale prices moved up 0.4 percent in January to hit a 3.5-percent annual increase, undergirding consumer inflation that broke 3 percent last month for the first time since the second quarter ...
Results that may be inaccessible to you are currently showing.
Hide inaccessible results
Feedback