Here’s What To Expect From January’s CPI Inflation Figures
The Consumer Price Index report for January is expected to show broadly unchanged annual inflation according to nowcasts.
Inflation Ticks Up to 2.9%, but Underlying Price Gains Are Muted
Gas prices rose sharply, but investors homed in on a small decline in the core CPI.
US consumer confidence dips again to start the year, according to business group
U.S. consumer confidence dipped for the second consecutive month in January. The Conference Board said Tuesday that its ...
CNN13d
US stocks surge after latest inflation report shows progress on price hikes
US stocks spiked Wednesday morning, as the CPI report boosted traders’ hopes that the Federal Reserve will continue its rate-cutting campaign this year. The Dow was up by almost 700 points in ...
US Core CPI Eases: What Comes Next for the Fed?
US consumer prices rose in December by less than forecast, reinvigorating bets that the Federal Reserve will cut interest rates sooner than previously thought. Bloomberg Television guests weigh in on ...
Forex Factory13d
US CPI expected to keep rising in December as last mile of inflation proves stubborn
The US Consumer Price Index (CPI) report for December, a critical gauge of inflation, is set to be released on Wednesday at 13:30 GMT, courtesy of the Bureau of Labor Statistics (BLS). The release of ...
Nasdaq12d
Dollar Pressured by Soft US CPI Report
The dollar posted moderate losses Wednesday as T-note yields fell on the Fed-friendly US Dec CPI report that showed an unexpected easing of core inflation. Also, Wednesday’s report showed that ...
Stock market today: Dow jumps 700 points, Nasdaq soars 2.5% after cool CPI reading
The benchmark S&P 500 ( ^GSPC) popped more than 1.8%, while the Dow Jones Industrial Average ( ^DJI) rose more than 1.6%, or ...
FXEmpire.com12d
US Dollar Forecast: CPI Holds Steady While Dollar Consolidates – GBP/USD and EUR/USD Outlook
24 Jan 2025 14:16:57 GMT The US Dollar faced renewed pressure after mixed economic data. Core CPI m/m rose 0.2%, falling short of the 0.3% forecast, while CPI y/y remained steady at 2.9%.
Investing13d
US CPI Preview: How a Pickup in Inflation Could Complicate the Fed’s Job
As the chart below shows, the year-over-year measure of US CPI has resumed its decline from the 2022 peak in recent months, though economists are expecting it to bump back up to 2.7% this month ...
Nasdaq13d
European Shares Seen Modestly Higher At Open; US CPI Data Eyed
(RTTNews) - European stocks may see modest gains at open on Wednesday as investors await the U.S. consumer price index (CPI) report for December 2024 later in the day for clues on the path of ...
Billings Gazette12d
US core CPI finally eases, rallying bets for Fed to cut sooner
U.S. consumer prices rose in December by less ... rates sooner than previously thought. The so-called core consumer price index — which excludes food and energy costs — increased 0.2% after ...