Retail sales tumble in January, testing Fed rate cut forecast
U.S. retail sales tumbled sharply lower in January, snapping a five-month winning streak, as extreme weather, California ...
US Inflation Tops Forecasts, Bolstering Case for Fed to Hold
Underlying US inflation last month rose by the most since March, diminishing chances the Federal Reserve will lower interest ...
Fed to wait for months on next rate cut as tariffs risk inflation flare up: Reuters poll
Faced with the threat of rising inflation, the U.S. Federal Reserve will wait until next quarter before cutting rates again, ...
Powell says Fed not 'in a hurry' to cut interest rates with 'economy remaining strong'
Federal Reserve Chair Jerome Powell will tell the Senate banking committee the Fed isn't "in a hurry" to resume its interest ...
Powell says Trump’s comments won’t affect interest rate decisions by the Fed
WASHINGTON (AP) — Federal Reserve Chair Jerome Powell said Wednesday that President Donald Trump’s calls for lower interest ...
US inflation tops forecasts, dimming chances for Federal Reserve rate cuts
Underlying US inflation last month rose by the most since March, diminishing chances the Federal Reserve will lower interest ...
CNET on MSN2d
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, ...
The Financial Express19h
US CPI data put Fed at a crossroads: Pause, rate cut or hike?
The United States Federal Reserve, led by Jerome Powell, is at a crossroads. Will US Fed cut rate continue to pause or go for a rate cut in the next FOMC meeting scheduled for March 18-19, 2025?
Crain's Detroit Business2d
Inflation tops forecasts, dimming chances for Fed rate cuts
Economists see the core gauge as a better indicator of the underlying inflation trend than the overall CPI that includes often-volatile food and energy costs. The headline measure rose 0.5% from ...
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 ...
US inflation comes in higher than forecast as Fed mulls Trump tariff threat
Hopes for further Federal Reserve interest rate cuts were dealt a blow on Wednesday after data showed US inflation rose by more than economists expected in January.
Forbes1d
Mortgage Rates Forecast For 2025: Experts Predict How Much Rates Will Drop
Most experts expect the Fed to pause rate cuts following the release of the committee’s latest quarterly summary of economic projections. The new forecast envisions two quarter-point rate cuts ...