Inflation is proving stickier than expected, which could cause Fed to hit pause button on more interest rate cuts.
Wednesday's softer-than-expected core CPI number offers some relief to the Federal Reserve, especially after last week's hot employment report, that could allow interest-rate cuts to remain on the ...
Disinflation in key areas of consumer prices should help the Federal Reserve stick to its policy path of gradual cuts to ...
The incoming president is set to inherit three months of rising inflation from his predecessor, the Consumer Price Index ...
A surge in Treasuries pushed 10-year yields down by almost 15 basis points — easing fears that a 5% rate would be on the ...
Consumer price index data for December showed that core price pressures eased more than expected. S&P 500 futures rose as ...
Consumer inflation data came in slightly hotter than expected in December. Consumer prices were up 2.9% for the 12 months ended in December as compared to 2.7% in November, according to the latest ...
Federal-funds futures on Wednesday were pointing to the Federal Reserve keeping its benchmark interest rate at the current level potentially until June, as traders assessed data showing that core U.S.
The benchmark S&P 500 ( ^GSPC) popped more than 1.8%, while the Dow Jones Industrial Average ( ^DJI) rose more than 1.6%, or ...
The latest inflation data take some of those cuts off the table. With the January CPI report now a matter ... magazine's Dubious Achievements Awards. In his current role at Kiplinger, Dan writes ...
A data-dependent Federal Reserve will likely push back the timing of its first interest rate cut after the Consumer Price Index (CPI ... in 2024 are now off the table. As of April 10, futures ...