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The Consumer Price Index report for January is expected to show broadly unchanged annual inflation according to nowcasts. That may be broadly good news for the Fed.

However, stronger-than-expected data could bolster the dollar and trigger market volatility as investors reassess the likelihood of future rate hikes. Markets will be closely watching the CPI ...

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The Australian Dollar depreciates following the release of softer CPI data on Wednesday ... broken below the ascending channel on the daily chart, signaling a shift toward a bearish bias.

After hours: January 27 at 4:20:00 PM EST ...

Rising food and housing costs have hit the lowest-income Americans the hardest in recent years.

Asia FX tepid as Fed kicks off policy meeting; Aussie dollar weak after soft CPI By Investing.com - 3 hours ago 1 Investing.com-- Most Asian currencies edged higher on Wednesday as investors were ...

Inflation likely accelerated in December, putting pressure on the Federal Reserve to keep interest rates relatively high.

The monthly CPI indicator rose 2.5% in the 12 months to December. The top contributors to the annual movement were Food and non-alcoholic beverages (+2.7%), Alcohol and tobacco (+5.8%), and Housing ...