Futures jittery after Trump's latest tariff threat; inflation data awaited
U.S. stock futures were subdued on Thursday after the previous day's inflation shock as investors awaited PPI data to gauge ...
Inflation rises as consumer prices surge in January
January's Consumer Price Index shows a significant increase, with economists concerned about future price hikes.
Powell refrains from saying which way interest rates could go based on Trump's policies
Federal Reserve Chair Jerome Powell, appearing for a second day of testimony before Congress, said central bank officials remain in a wait-and-see mode when it comes to deciding where interest rates ...
Fed's Powell sees a ways to go on shrinking Fed holdings
Over two days of testimony this week before Congress, Federal Reserve Chairman Jerome Powell indicated there's no imminent ...
Trump wants lower interest rates to go ‘hand in hand’ with tariffs, but yields are soaring after inflation data came in hot
Trump has repeatedly criticized Federal Reserve Chair Jerome Powell, whom he appointed to lead the central bank in 2018.
Trump's comments won't affect interest rate decisions by the Fed, Powell says
Federal Reserve Chair Jerome Powell said Wednesday President Donald Trump’s calls for lower interest rates won’t lead the central bank to change its rate decisions ...
Fed Needs Clarity on New Policies Before Rate Cuts, Bostic Say
Federal Reserve Bank of Atlanta President Raphael Bostic said the central bank must gain more insight on proposed policy ...
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Mortgage Predictions: Inflation's Comeback Isn't Good for Homebuyers
Along with inflation, the Fed is also weighing employment data. If the job market remains robust by official standards, ...
Fed's Powell says central bank still has access to data it needs
Federal Reserve Chairman Jerome Powell said Wednesday the central bank has not been cut off from any data it needs to do its ...
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 ...
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 ...
Powell Says New Inflation Data Show Fed Has More Work to Do
Federal Reserve Chair Jerome Powell said the latest consumer price data show that while the central bank has made substantial ...