Consumer Price Index showed an acceleration to 2.9%, the highest rate since July. With such high inflation, the Fed is ...
Inflation is proving stickier than expected, which could cause Fed to hit pause button on more interest rate cuts.
US consumer prices rose in December by less than forecast, a welcome stepdown that helped arrest a deep selloff in bond ...
Stock futures rallied and Treasuries fluctuated after the release. This year’s adjustments ... Read More: Risk of Big US CPI Revision Puts Policymakers, Investors on Edge January figures due ...
Consumer inflation increased 2.9% in 2024, which is above the Federal Reserve's goal of 2%, but wages overall more than kept ...
In short, December’s CPI figures send mixed signals. Despite last week’s data showcasing strength across the board in the US economy, Wednesday’s CPI release gives no clear evidence that this is ...
Market expectations are now higher for a softer US Consumer Price Index (CPI) release this Wednesday as well. A softer reading would be beneficial for Gold to head higher. On the economic data ...
Most stock markets in the Gulf rose in early trade on Thursday, as softer U.S. core inflation data maintained the possibility ...
IT, realty, and energy stocks posted gains, while pharma and auto stocks continued their downward trend, closing in the red. The advance-decline ratio remained flat, settling at an even 1:1. Read this ...