The Federal Reserve is likely to resume cutting interest rates in June and could reduce short-term borrowing costs again in September, traders bet on Tuesday as they took on board the implications of a widely watched survey that showed consumer confidence dove this month,

January's Consumer Price Index will serve as the latest test of whether inflation pressures have eased further.

Next week will see that mood tested with the release of the Federal Reserve’s preferred measure of price growth. Core inflation, as measured by the consumer price index, rose to 3.3 per cent in ...

Soon after the figures were released, Trump went into blame mode. He suggested that former President Joe Biden was the reason for the spike, not his own economic policies, which economists have warned risk pushing costs higher. “BIDEN INFLATION UP!” he wrote on Truth Social.

Americans are facing higher costs. Trump was elected on promises to lower prices for inflation-weary consumers and high inflation could imperil his agenda.

Consumer sentiment plunged more than expected in February while households' inflation expectations amid uncertainty over the impact of President Trump's economic plans.

January's Consumer Price Index shows a significant increase, with economists concerned about future price hikes.

which bases its calculations on the Consumer Price Index, a widely used indicator for inflation. Members of the Federal Reserve Board of Governors are appointed by the U.S. president and confirmed ...

WASHINGTON (TNND) — Prices moving upward in January has further cooled hopes of an interest rate cut from the Federal Reserve ... on inflation with the consumer price index and wholesale prices ...

The change was slightly above analysts' expectations and is likely to bolster reluctance at the Fed to cut interest rates any further.