January CPI: One inflation print won't 'alter the path' for Fed
The latest inflation report out Wednesday morning is raising concerns, as the US Bureau of Labor Statistics' (BLS) Consumer ...
Markets trim Fed rate cut bets following hot inflation report
A hotter-than-expected inflation reading makes it much more likely that the Federal Reserve will keep rates on hold for the foreseeable future, reinforcing a cautionary stance from Jerome Powell and ...
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Fed rate cuts bets trimmed as Powell says 'close but not there' on inflation
"It really does push the timeline into the second half of the year if things go well," Claudia Sahm, chief economist at New Century Advisors and former Fed economist, told Yahoo Finance. On a "core" ...
Stock market today: Dow leads stocks lower hot inflation data pushes back rate cut hopes
"Hikes remain unlikely, but they seem less inconceivable now," Bank of America US economist Aditya Bhave wrote in a note to clients on Wednesday. "We still think the threshold for hikes is 3% core PCE ...
Consumer prices rose more than expected in January as egg prices soar, core inflation remains sticky
January's Consumer Price Index will serve as the latest test of whether inflation pressures have eased further.