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The Fed is struggling to break the back of inflation. Here's why.
CBS News· 22 minutes agoThe Federal Reserve's two-year battle to tame inflation is turning into a drawn-out war, with the central bank grappling with prices that have run surprisingly hot this year ...
Oil Declines as US Inflation Data Remains Stubbornly Elevated
Bloomberg via Yahoo Finance· 1 hour ago(Bloomberg) -- Oil fell as US economic data showed inflation remains elevated, adding to bets the...
Fed's Powell says confidence that inflation will slow is 'not as high' as before
Fox Business via AOL· 2 hours agoFederal Reserve Chair Jerome Powell on Tuesday stressed that central bankers need to be "patient"...
US wholesale inflation just hit its highest rate in a year
CNN Business via Yahoo Finance· 6 hours agoAmericans already contending with persistent and stubbornly highinflation just got more unwelcome...
Inflation expected to tick down in April as Fed officials weigh rate cuts
AOL· 5 hours agoOn Wednesday, investors will digest one of the most important data points the Federal Reserve will consider in its next interest rate decision: April's Consumer Price Index (CPI). The
Wall St edges up after 'mixed' producer inflation data, all eyes on CPI
Reuters· 1 hour agoInvestors also found reassurance in Powell's comment that he did not expect the central bank's next...
Fed Chairman says inflation 'may take longer than expected' to lower
United Press International via Yahoo Finance· 2 hours agoThe Federal Reserve Chairman on Tuesday said "it may take longer than expected" for inflation to get...
Stock markets mixed as investors await more direction on US inflation
AFP via Yahoo Finance· 5 hours agoUS stock markets were mixed after the first of two eagerly awaited US inflation reports did not...
Oil Falls as High US Inflation Persists
Rigzone· 36 minutes agoOil fell as US economic data showed inflation remains elevated, adding to bets the Federal Reserve won’t rush to cut interest rates this year. West Texas Intermediate slid ...
Strong services fan US producer inflation in April
Reuters· 4 hours agoU.S. producer prices increased more than expected in April amid strong gains in the costs of services like portfolio management and hotel accommodation,...
