At 3.0%, the US consumer inflation is a full 100 bps above the Fed target of 2.0%, reducing further rate cut hopes ...
Market Roundup US Core PPI (MoM) (Jan) 0.3%, 0.3% forecast, 0.4% previous US Core PPI (YoY) (Jan) 3.6%, 3.3% forecast, 3.7% previous US Initial Jobless Claims 213K, 217K forecast, 220K previous US ...
A gauge of global stocks climbed on Thursday for the first time in three sessions while U.S. Treasury yields tumbled as an ...
The dollar slipped on Thursday after components of January’s producer price report pointed to lower inflation, and fell ...
US producer prices increased solidly in January, offering more evidence inflation was picking up again and strengthening ...
The producer price index for final demand rose 0.4% last month after an upwardly revised 0.5% gain in December, the Labor ...
The report incorporated new weights for the consumer basket to try to more accurately capture Americans’ spending habits, which resulted in minimal revisions to the CPI last year. Some Fed officials ...
Underlying US inflation last month rose by the most since March, diminishing chances the Federal Reserve will lower interest ...
Fed officials are wary about getting through turn-of-the-year price resets, which contributed to big inflation jumps in ...
Incoming data on inflation, growth and the housing market suggest a disinflationary slowdown in growth could be ahead of us.