Stock market today: Dow leads stocks lower as hot inflation data pushes back rate cut hopes
US stocks were largely lower on Wednesday as investors digested a hotter-than-expected January inflation reading and ...
S&P 500 falls as hot inflation data hints at fewer rate cuts
The S&P 500 dipped on Wednesday as a hotter-than-expected U.S. inflation reading added to worries that the Federal Reserve ...
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 ...
Did prices jump in January? Inflation report will provide latest update on consumer costs
On Wednesday the Labor Department is expected to report that in January the consumer price index rose 2.9% from a year ago, ...
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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, ...
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 ...
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Hotter-than-expected January inflation numbers may put 'final nail in coffin for rate-cut cycle,' asset managers say
A stronger-than-expected January inflation figure is likely to further cement the Federal Reserve’s cautious approach to monetary easing, said Whitney Watson, global co-head and co-CIO of fixed income ...
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WATCH: Powell says Trump’s calls for lower interest rates won’t affect Fed’s decisions
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.
Inflation Report Spooks Markets; Shares Of Tesla Down 19% This Year
Stocks stayed flat Wednesday, except the Russell 2000 falling 0.6%. Higher-than-expected CPI delays rate cuts. Intel rose, ...
Donald Trump's Pledge to Lower Costs on 'Day One' is Unravelling
A disappointing inflation reading and soaring egg prices have undermined Trump's promise to reduce costs on "day one." ...