January inflation ran hot, and the odds of Fed interest rate cuts fell as Consumer Price Index total CPI inflation ...
so-called core inflation was also higher, growing by 3.3 percent for the year ending in January. Wednesday’s data boosts the case for the Federal Reserve to maintain a pause on interest rate ...
The Fed lowered its key interest rate by a total percentage point at three meetings late last year but held it steady in late January as inflation remained stuck just below 3%. Wednesday’s ...
Read Less The rate of inflation rose to 3% in the year to January, a steep uptick from the 2.5% recorded in December, writes Kevin Pratt. The Office for National Statistics attributes the ...
Canada's annual inflation rate inched up to 1.9% in January from the previous month as higher gasoline and natural gas costs ...
Sales of previously occupied U.S. homes fell in January as rising mortgage rates and prices put off many would-be homebuyers ...
“This week’s higher-than-expected inflation rate suggests that Fed rate cuts will be delayed, potentially until the summer,” ...
The Bank of Israel is expected to leave short-term interest rates unchanged at a policy meeting next week after inflation ...
Core inflation, which excludes volatile food, energy, alcohol, and tobacco prices, rose to 3.7% from 3.2% in December—marking ...