Fed Chair Sees Elon Musk's Audit Push As Threat To Central Bank's Existence
Federal Reserve Chair Jerome Powell said he views proposals to "audit the Fed" floated by Elon Musk and others last week as a ...
Sensex, Nifty end marginally lower, extend losing streak to 7th session; IT, FMCG stocks drag
The Nifty Metal index climbed 0.8 percent after the Union Minister for Heavy Industries, HD Kumaraswamy, hinted at a ...
TimesDaily1d
US inflation got worse with rising grocery and gas prices
U.S. inflation accelerated last month as the cost of groceries, gasoline and rents rose, a disappointment for families and ...
Stocks and Bonds Fall After Hotter Than Expected Inflation Reading
Investors are now betting that the Federal Reserve will cut interest rates just once more this year, a drastic shift in expectations since late 2024.
Cyprus Mail on MSN2d
US inflation jump puts Fed officials on notice as Powell testifies
Higher inflation readings reported on Wednesday left Federal Reserve officials telling U.S. lawmakers, business executives and the public that they may be waiting longer than they had thought for ...
The Herald-Palladium2d
US stocks mostly lower on inflation, euro gains on Ukraine peace hopes
Wall Street stocks mostly fell Wednesday after US inflation data exceeded expectations, while the euro strengthened on signs ...
Reading Eagle2d
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 ...
Donald Trump's Pledge to Lower Costs on 'Day One' is Unraveling
A disappointing inflation reading and soaring egg prices have undermined Trump's promise to reduce costs on "day one." ...
WGBH2d
Federal Reserve's Jerome Powell says there's no need to rush on interest rate cuts
Powell was also asked about the high cost of home ownership and President Trump's trade policies, but as usual, the Fed chair ...
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, according to economists surveyed by FactSet. If accurate, it would be ...
BusinessWorld2d
Peso steady before US consumer inflation data, BSP meeting
THE PESO ended flat against the dollar on Wednesday, with the market waiting for the release of January US consumer inflation data overnight and the Bangko Sentral ng Pilipinas’ (BSP) policy meeting ...
Treasury yields consolidate above 4.5% ahead of CPI inflation report
The U.S. consumer price index for January will be released at 8:30 a.m. Eastern on Wednesday. Economists expect headline annual CPI inflation of 2.8%, down a touch from January’s 2.9%. However, that ...