Tag #Federal Reserve

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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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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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48% Bias Score

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nbcnews.com
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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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52% Bias Score

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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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abcnews.go.com
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Fed to Hold Interest Rates Steady Amid Inflation and Political Uncertainty

Federal Reserve Chair Jerome Powell announced on Tuesday that the central bank will likely hold its key interest rate unchanged due to elevated inflation and a solid job market, despite political pressure from the Trump administration and concerns about debanking of crypto firms.

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44% Bias Score

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forbes.com
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Tariff Fears and Strong Jobs Data Override Inflation Expectations

The release of the January jobs report and anticipation of U.S. tariffs caused equity and bond prices to fall, overshadowing the projected easing of year-on-year inflation in the upcoming January CPI report, which could lead to future Fed 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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52% Bias Score

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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

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cnbc.com
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Inflation Fears and Trade Tensions Sink Wall Street

Rekindled inflation concerns and President Trump's threat of reciprocal tariffs caused a downturn on Wall Street, reversing earlier gains. The Dow and Nasdaq lost over 0.5%, and the S&P 500 fell nearly 0.25%.

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40% Bias Score

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theglobeandmail.com
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US Job Growth Slows, Unemployment Remains Low

U.S. job growth unexpectedly slowed to 143,000 in January, lower than anticipated, but the unemployment rate held steady at 4.0 percent, possibly delaying Federal Reserve interest rate cuts until June. This follows a strong December and is partially due to data revisions.

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44% Bias Score

Decent Work and Economic Growth

Showing 553 to 564 of 859 results