The Federal Reserve is quickly running out of reasons to cut interest rates
Friday's jobs report provided evidence that the central bank's larger concern is a cost of living that is getting increasingly hard to bear.
Friday's jobs report provided evidence that the central bank's larger concern is a cost of living that is getting increasingly hard to bear.
Latest in Economy
-
Wholesale inflation jumps 6% in April on annual basis, biggest increase since 2022
-
Consumer prices rose 3.8% annually in April, the highest since May 2023
-
It's not just Iran and oil raising inflation. Prices also are reaccelerating in these other areas
-
Markets raise chances for a Fed rate hike following hot inflation report
-
From Singapore to Brussels, world leaders eye Trump-Xi summit from afar
-
Iran says it will 'never bow' as Trump rejects peace counteroffer, prolonging Middle East conflict
Summary aggregated from CNBC's public RSS feed. The full reporting belongs to CNBC — please read it on their site.