Photo: Jerome Powell, chairman of the U.S. Federal Reserve, speaks during a news conference following an FOMC meeting in Washington, D.C., on November 2, 2022. Photographer: Al Drago/Bloomberg Jerome Powell, chairman of the U.S. Federal Reserve, speaks during a news conference following an FOMC meeting in Washington, D.C., on November 2, 2022. Photographer: Al Drago/Bloomberg

U.S. inflation data is offering the strongest evidence yet that price pressures have peaked, cheering financial markets and putting a pause in the Federal Reserve's interest-rate hikes in view.

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Molly Smith

Molly joined Law.com International as a reporter in July 2024 after a couple of years working in business development and following the completion of a degree in journalism at Goldsmiths, University of London. [email protected]