Powell said the Fed is in no hurry to cut rates. CPI inflation report to show why.
Jerome Powell made it clear this week the Federal Reserve is in “no hurry” to cut U.S. interest rates in light of lingering inflation and a strong economy. The January report on consumer prices is likely to explain why.
Inflation expectations are rising, with January's CPI report expected to confirm these worries. Read more to see my thoughts.
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CPI, Powell Testimony and Other Can't Miss Items this WeekLast week saw a replica of the previous trading week with a big gap lower on Monday, recovery through the week and then more ...
CPI inflation, retail sales, Jerome Powell congressional testimony, along with earnings from Coca-Cola, McDonald’s, Cisco, ...
Traders were on guard after Federal Reserve Chair Jerome Powell said on Tuesday that the central bank is in no hurry to lower ...
Markets opened lower this morning, reacting to what is viewed as a “hot” inflation report. Click here to read more about the ...
The Labor Department issues its January report on consumer prices Wednesday. Deere & Co. reports quarterly results Thursday.
Inflation slowed through much of last year – falling as low as 2.4% from a 40-year high of 9.1% in mid-2022 – but it has remained stubbornly high since fall. The cost of services such as car insurance ...
A fresh reading on consumer prices headlines the week ahead as markets have been jittery about Trump policy and the path ...
CPI print was much hotter than expected and will likely make for a very uncomfortable reading for the Federal Reserve. While ...
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