Trump calls for 'jerk' Powell to lower interest rates after latest inflation data

President Donald Trump on Tuesday touted the release of fresh inflation data from December that showed price growth has held steady, saying that trend supports his calls for the Federal Reserve to lower interest rates.

The Bureau of Labor Statistics released the consumer price index (CPI) for December, which showed that headline inflation was up 2.7% from a year ago, while core CPI, which excludes volatile food and energy prices, came in at 2.6%. Headline inflation was in line with the expectations of economists polled by LSEG...