The Latest Breaking News from Jerome Powell

Annual inflation cooled in January for the seventh month in a row. But price increases accelerated between December and January, fueled by rising shelter, food and gasoline prices.

Falling prices are welcome news, but latest reading is still far higher than the Federal Reserve’s annual target rate of 2% inflation

U.S. inflation likely slowed again last month in the latest sign that consumer price increases are becoming less of a burden on America’s households

CPI hits and misses touched off big S&P 500 rallies and sell-offs last year, but the inflation index has serious shortcomings.

“I think the consensus has become substantially too complacent about inflation,” the former Treasury Secretary told Bloomberg Friday.

How will the US Federal Reserve wage its battle with inflation — by keeping interest rates elevated for longer, or by taking them even higher? Investors are fixated on this question, which has vast implications for bonds, stocks and the entire economy.

Stocks ended higher as Wall Street focuses on Tuesday's consumer-inflation data.

The consumer price index print is in focus as investors start the week and earnings season starts to wind down.

Asian stock markets are lower ahead of a U.S. inflation update that traders worry might lead to more interest rate hikes

Moving averages coming together put CDNS stock on our radar.

Despite the cooling down of inflation, the January job surge might prompt the Fed to raise interest rates higher than expected by the end of the year. And progressive rate hikes could push the economy into a recession. Amid growing recession fears, investors could consider buying fundamentally strong stocks Walmart…