Rate-cut hopes are fading fast as inflation data and record egg prices make ‘very uncomfortable’ reading for Jerome Powell
Data isn't stacking up for a Fed rate cut, multiple regional presidents have hinted, as January’s CPI report makes for “uncomfortable” reading for Powell.
![Rate-cut hopes are fading fast as inflation data and record egg prices make ‘very uncomfortable’ reading for Jerome Powell](https://fortune.com/img-assets/wp-content/uploads/2025/02/GettyImages-2198914666-e1739455257368.jpg?w=2048#)