Market-based inflation expectations keep rising after hot January CPI data
Expectations for future inflation crept higher within the U.S rates market on Wednesday following January's hotter-than-expected CPI reading, raising the possibility that inflation could stay above ...
10-year Treasury yield has biggest one-day jump of 2025 after hot inflation data
U.S. government debt aggressively sold off on Wednesday, pushing the benchmark 10-year yield up for a fifth straight session, after the consumer-price index for January exceeded expectations and ...
Inflation hit 7-month high of 3% in January. Here's what it means for Fed rate cuts
Inflation picked up for a fourth straight month in January amid another rise in in food and energy costs, possibly setting ...
Powell says today’s CPI data shows Fed is ‘close but not there on inflation’
Fed Chairman Jerome Powell said Wednesday that the January CPI data fit with an overall picture that the Fed is “close but not there on inflation.” “Today’s report says the same thing,” he added. Last ...
Powell says data show Fed ‘close but not there’ on inflation
Fed Chair Powell adds that the Fed wants to keep policy restrictive “for now.” Powell is giving testimony to the House Financial Services ...
Powell says Trump’s comments won’t affect interest rate decisions by the Fed
Federal Reserve Chair Jerome Powell said Wednesday President Donald Trump’s calls for lower interest rates won’t lead the ...
Is the Fed in Trouble? A Hot Inflation Report Raises the Stakes.
So far in the 2025 inflation battle, the Federal Reserve is losing. Bird flu continued to wreak havoc on food prices in ...