Inflation Stayed Sticky in January, Keeping Fed Rate Cuts at Bay
|

Inflation Stayed Sticky in January, Keeping Fed Rate Cuts at Bay

#news #newstoday #topnews #newsupdates #trendingnews #topstories #headlines U.S. inflation rose to 3 percent in January, strengthening the case for the Federal Reserve to extend a pause on interest rate cuts. The Consumer Price Index unexpectedly ticked higher from a year earlier, data from the Bureau of Labor Statistics showed on…

Inflation Sped Up in December, a Fresh Challenge for the Fed
|

Inflation Sped Up in December, a Fresh Challenge for the Fed

#news #newstoday #topnews #newsupdates #trendingnews #topstories #headlines Consumer prices rose more quickly in December, the latest sign that the Federal Reserve’s fight against inflation may have stalled. The Consumer Price Index rose 0.4 percent from November, and was up 2.9 percent from a year earlier, the Labor Department said on…