Tag #Federal Reserve

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Trump's Rate Cut Call Defied as Inflation Report Triggers Higher Borrowing Costs

Following January's inflation report, which showed a rise above forecasts, President Trump called for lower interest rates, while investors anticipated that the Federal Reserve would keep interest rates higher for longer due to persistent price pressures, impacting borrowing costs for consumers and ...

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nbcnews.com
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Trump Inherits High Inflation, Faces Economic Uncertainty

Despite inheriting high inflation (3.2% core rate exceeding the Federal Reserve's 2% goal), primarily driven by housing costs and anticipated increases from Trump's tariffs, the U.S. economy remains strong according to Federal Reserve Chair Jerome Powell. However, slowing consumer savings and public...

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edition.cnn.com
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US Inflation Surges to 3% in January 2024 on Broad Price Increases

The January 2024 Consumer Price Index (CPI) unexpectedly rose 0.5% from December, reaching a 3% annual inflation rate, driven by broad price increases, particularly a 15.2% jump in egg prices; this increase caused US stocks to drop and the 10-year Treasury yield to surge to 4.6%.

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apnews.com
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January Inflation Surges to 3%, Delaying Fed Rate Cuts

U.S. inflation unexpectedly rose to 3% in January 2025, exceeding the Federal Reserve's target, driven by increases in grocery, gasoline, and rent costs, potentially delaying further interest rate cuts and impacting business confidence.

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cnn.com
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US Inflation Surges to 3% in January, Exceeding Expectations

US inflation rose 0.5% in January 2024 to 3%, exceeding expectations and driven by broad price increases, especially a 15.2% surge in egg prices due to avian flu, posing challenges for the Federal Reserve's inflation control efforts and President Trump's economic policies.

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theglobeandmail.com
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Global Markets Subdued Amidst US Tariff Uncertainty

Global markets reacted cautiously to new U.S. tariffs on steel and aluminum, with Wall Street futures falling and oil prices rising due to supply concerns; investors await Jerome Powell's testimony on inflation and trade.

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40% Bias Score

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kathimerini.gr
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Powell Cautious Amidst US Economic Strength, Rising Debt, and Trump's Policies

Federal Reserve Chair Jerome Powell, while optimistic about the US economy's overall strength, voiced concerns over President Trump's policies and rising consumer debt, particularly the surge in credit card debt to $1.17 trillion in Q3 2024 and a record high uncertainty index, while opposing rapid i...

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48% Bias Score

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forbes.com
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January Inflation Surges 0.5%, Driven by Soaring Egg Prices

January's Consumer Price Index (CPI) rose 0.5%, exceeding forecasts, primarily due to a 15.2% increase in egg prices from December to January, causing a 1% drop in major U.S. stock indexes and dimming prospects for interest rate cuts.

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40% Bias Score

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forbes.com
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Powell's Crypto Statement Signals Potential Return to "Free Banking

Federal Reserve Chair Jerome Powell indicated that banks should be allowed to offer cryptocurrency services, potentially ushering in a new era of "free banking" similar to historical models in Scotland and the pre-Civil War United States, characterized by market discipline and reduced government reg...

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56% Bias Score

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theglobeandmail.com
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Surprise Inflation Surge Dashes Rate Cut Hopes, Spurs Market Volatility

Higher-than-expected U.S. inflation in January, exceeding forecasts, fueled by President Trump's tariffs, has dampened expectations of Federal Reserve interest rate cuts, leading to a surge in Treasury yields and a drop in the stock market.

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abcnews.go.com
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Fed Cuts Interest Rate Projections Amidst Strong Job Growth

The Federal Reserve's projected interest rate cuts for 2024 have been reduced due to decreased unemployment (4%) and uncertainty surrounding new White House economic policies; economists now predict only one cut in 2025, impacting borrowing costs.

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40% Bias Score

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us.cnn.com
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High Housing Costs Fuel Persistent Inflation Despite Fed Rate Cuts

High housing costs, primarily due to elevated shelter inflation (4.8% year-over-year in December 2024), are impacting homebuyers and contributing to overall inflation despite recent Federal Reserve rate cuts; experts predict a slowdown but not a complete victory over inflation.

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40% Bias Score

Reduced Inequality

Showing 121 to 132 of 431 results