The DXY briefly touched 110.00 and seeks consolidation at these elevated levels as the Greenback retains its bullish footing given the solid Nonfarm Payrolls (NFP) data last Friday and the Fed’s ...
The Consumer Price Index report for January is expected to show broadly unchanged annual inflation according to nowcasts.
That means more dollar strength, with six straight week of gains, and bulls fuelled further by a sizzling NFP report. That comes on top of the incoming new President and his potentially inflationary ...
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Inflation rose 2.9% on an annual basis in December, with the latest Consumer Price Index illustrating the Federal Reserve's challenge in battling stickier-than-expected price increases.
The Fed, as always, is focused on both maintaining full employment (based on Friday’s NFP report, the Fed seems to be doing a decent job here) and inflation, which has stubbornly stalled in the 3% ...
Week Ahead: US NFP, FOMC Minutes, Services PMI, Inflation from China, Aus and EZ By Ryan Anderson - Jan 03, 2025 1 MON: EZ, UK & US Final Composite & Services PMIs (Dec), German Prelim.
On a "core" basis, which strips out the more volatile costs of food and gas, the December Consumer Price Index (CPI) climbed 0.2% over the prior month, a deceleration from November's 0.3% monthly ...