Inflation is proving stickier than expected, which could cause Fed to hit pause button on more interest rate cuts.
The consumer price index, an inflation gauge, rose 2.9% on an annual basis in December 2024 on the back of higher food and ...
Bitcoin has changed direction after weeks of Ethereum gaining 8% and Solana soaring 9%. “Bitcoin is up today because both ...
Analysis of CPI inflation data shows mixed results for December 2024, impacting Fed rate decisions and stock market ...
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 ...
Gold prices extended gains on Wednesday, as the dollar dipped after U.S. core inflation data came in softer than expected, ...
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 Fed, as always ... significant because it’s released weeks earlier. As the chart below shows, the year-over-year measure of US CPI has resumed its decline from the 2022 peak in recent ...
Bitcoin price is increasingly sensitive to economic developments like the incoming CPI data, which could trigger more ...
“Bitcoin is up today because both yesterday's producer price index and today's consumer price index were relatively ... the economy and the likelihood of Fed rate cuts this year.” ...