US consumer inflation holds steady
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After cutting interest rates three times in a row last year, the Federal Reserve indicated last month it probably won’t lower interest rates again for a while. A months-long pause, cemented by key economic data released Friday,
The Federal Reserve is likely to hold interest rates steady when it meets at the end of the month, keeping tensions high with President Trump.
Structural shifts from AI and trade policies limit hiring to 50,000 in December, reinforcing bets that the central bank will hold rates steady US job growth slowed more than expected in December amid business caution about hiring because of import tariffs and rising artificial intelligence investment,
The Consumer Price Index rose at an annual rate of 2.7% in the final month of 2025, in line with economists' forecasts, capping a year when many Americans felt squeezed by price pressures. The CPI was expected to rise 2.