The consumer price index rose 3% on the year in January 2025. Economists worry that broad disinflation is over, even as ...
Signs of resurgent inflation shown in January's consumer-price index can't be "easily explained away" by seasonal factors, and pressure will build on the Federal Reserve to stay on hold for a ...
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 ...
Solana (-3.30%), and AVAX (-5%) reflected the dwindled sentiments, Ethena led the downside with an over 12% dip.
Fed Chairman Jerome Powell said Wednesday that the January CPI data fit with an overall picture that the Fed is “close but not there on inflation.” “Today’s report says the same thing,” he added. Last ...