Inflation is proving stickier than expected, which could cause Fed to hit pause button on more interest rate cuts.
U.S. consumer prices rose in December, pointing to elevated inflation and fewer interest rate cuts by the Federal Reserve.
Cost of transportation dominated the factors that pushed inflation above 20 percent in 2024. This, according to the Ghana ...
The U.S. Consumer Price Index report is expected to show a rise in inflation rates, impacting interest rate cut expectations ...
Gold bulls have avoided re-entering the pennant chart formation and sent prices back above the descending trend line. From ...
Economists estimate that the headline consumer price index increased by 0.4% month-on-month in December, slightly faster than ...
Mortgage holders’ hopes for an earlier than expected rate cut were restored in November with the latest monthly inflation ...
The US Dollar Index (DXY), which measures the value of the USD against a basket of currencies, sees gains for a fifth straight session on Monday against nearly every major G20 peer. Markets are ...
EUR/USD fell 0.4% to 1.0195, falling to its weakest level since October 2022, with the European Central Bank widely expected ...
Picture: NewsWire/ Gaye Gerard The trimmed data removes volatile aspects of the consumer price index basket, including oil and electricity, with power prices subsidised by state and federal ...
A surge in Treasuries pushed 10-year yields down by almost 15 basis points — easing fears that a 5% rate would be on the ...