US Inflation Tops Forecasts, Bolstering Case for Fed to Hold
(Bloomberg) -- US inflation picked up broadly at the start of the year, further undercutting chances of multiple Federal Reserve interest-rate cuts this year at the same time the Trump administration presses forward with tariffs.Most Read from BloombergSaudi Arabia’s Neom Signs $5 Billion Deal for AI Data CenterWhy American Mobility Ground to a HaltCutting Arena Subsidies Can Help Cover Tax Cuts, Think Tank SaysSpaceX Bid to Turn Texas Starbase Into City Is Set for Vote in MayThe Forgotten Frenc