January’s inflation reading will be a key factor as the Federal Reserve considers its next move.
in January, stoking fears that the Federal Reserve will become even more aggressive in its fight to bring down prices.
American households are still under severe financial strain from sky-high grocery bills, rent payments and utilities. Gas prices jumped by 30 cents in January, according to AAA, adding more pain at the pump for US motorists. However, Powell and his colleagues implemented another quarter percentage point increase at their last meeting and said “ongoing increases” in the Fed’s benchmark interest rate were still necessary to ensure that inflation returns to its target level of 2%.
México Últimas Noticias, México Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
NY Fed: One-year consumer inflation expectation stays unchanged at 5% in JanuaryThe Federal Reserve Bank of New York's monthly Survey of Consumer Expectations showed on Monday that the US consumers' one-year inflation expectation
Leer más »
What January's CPI may reveal about inflationThere are some warning signs the pathway toward low inflation may be bumpier than advertised so far.
Leer más »
Americans in January expected mostly stable gains in future inflation, NY Fed saysAmericans in January continued to expect high near-term inflation pressures and more modest ones on a longer-term basis, as they trimmed their expectations for future income gains, the New York Federal Reserve said on Monday.
Leer más »
U.S. stocks end sharply higher ahead of highly-anticipated CPI data on January inflationU.S. stocks finished sharply higher Monday, with gains led by the technology-heavy Nasdaq Composite, as investors await fresh data from the consumer-price...
Leer más »
Americans in January expected mostly stable gains in future inflation, NY Fed saysNEW YORK, Feb 13 (Reuters) - Americans in January continued to expect high near-term inflation pressures and more modest ones on a longer-term basis, as they trimmed their expectations for future income gains, the New York Federal Reserve said on Monday.
Leer más »
US CPI Preview: Goldman Sachs, WSJ’s Timiraos tease upside surprise from January inflationUS CPI Preview: Goldman Sachs, WSJ’s Timiraos tease upside surprise from January inflation – by anilpanchal7 Inflation Banks UnitedStates Fed CPI
Leer más »