Inflation is proving stickier than expected, which could cause Fed to hit pause button on more interest rate cuts.
Bitcoin price is increasingly sensitive to economic developments like the incoming CPI data, which could trigger more ...
The consumer price index, an inflation gauge, rose 2.9% on an annual basis in December 2024 on the back of higher food and energy prices.
Buy the AUD/USD pair and set a take-profit at 0.6400. Add a stop-loss at 0.6250. Timeline: 1-2 days. Bearish view Set a sell-stop at 0.6300 and a take-profit at 0.6200. Add a stop-loss at 0.6400.
Traders should keep watch on US Retail Sales data on Thursday, as it could increase volatility to Bitcoin price.
“Bitcoin is up today because both yesterday's producer price index and today's consumer price index were relatively moderate,” said Zach Pandl, head of research at digital asset manager Grayscale. “It ...
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 has considered the inflation rate a key factor in its monetary policy decisions. The Fed’s key short-term interest ...
The US Bureau of Labor is set to release the December CPI inflation data on January 15th ... as shown in the chart below. The gasoline futures just broke the key downtrend resistance, and breached ...
The cost of living rose more in December than the month before, as rising energy costs hurt household budgets and stoked inflation. However, "core" prices were cooler, providing some hope for lower ...
The S&P 500's concentration and Nasdaq 100's valuation levels are reminiscent of past bubbles. Read what warrants a more ...