Egg prices are surging again. Why Powell and the Fed’s grip on inflation may be slipping.
The price increase in this consumer staple is complicating the central bank’s ability to achieve a soft landing.
Bank of America resets interest rate cut forecast after inflation shocker
The decision comes after the central bank trimmed rates three times starting in September 2024, which has pushed down the ...
Market holds steady despite inflation surprise, though it comes at key time for Powell
The higher than expected inflation number for January came during during Fed chairman Jerome Powell's semiannual testimony before Congress.
American Banker11h
Master account policy tweak signals Fed shift toward crypto
Federal Reserve Chair Jerome Powell said reserve banks will no longer factor "reputational risk" into master account ...
Crypto kings cheer Trump’s ‘debanking’ crackdown
Top crypto executives said they can already see a thaw in their relationships with banks, which are openly seeking business ...
Santa Rosa Press Democrat1d
The latest inflation report shows that high prices are President Trump's major economic challenge
Donald Trump promised as a candidate that he could easily conquer inflation, but the reality is proving tougher than he ...
A Big Fight Is Brewing Between Trump And Jerome Powell—Here’s Who Will Win: Steve Forbes
On "Forbes Newsroom," Steve Forbes responds to Federal Reserve Chair Jerome Powell’s testimony before the House and the ...
KNSI Radio1d
Inflation Uptick Likely Signals the end of Fed Interest Rate Cuts
The January Consumer Price Index grew at 3% compared to the same month last year, an acceleration from 2.4% in September. The Producer Price Index was approximately the same. Both remain above the ...
Powell Says Fed Doesn’t Need to Rush on Rate Cuts
Because the economy is doing well, the Fed can take its time to decide when and whether to lower interest rates.
Wholesale prices higher than expected last month — fresh on heels of hot inflation report
The hotter-than-expected wholesale inflation came just a day after data showed consumer prices rose more than anticipated.
Fed Chair Sees Elon Musk's Audit Push As Threat To Central Bank's Existence
Federal Reserve Chair Jerome Powell said he views proposals to "audit the Fed" floated by Elon Musk and others last week as a ...
Rate cut hopes are fading fast as inflation data and record egg prices make ‘very uncomfortable’ reading for Jerome Powell
Data isn’t stacking up for a Fed rate cut, multiple regional presidents have hinted, as January’s CPI report makes for “uncomfortable” reading for Powell.