Inflation is proving stickier than expected, which could cause Fed to hit pause button on more interest rate cuts.
Wednesday's softer-than-expected core CPI number offers some relief to the Federal Reserve, especially after last week's hot employment report, that could allow interest-rate cuts to remain on the ...
Disinflation in key areas of consumer prices should help the Federal Reserve stick to its policy path of gradual cuts to ...
The incoming president is set to inherit three months of rising inflation from his predecessor, the Consumer Price Index ...
Cooler-than-expected inflation readings and positive bank earnings provided a string of good news for bulls after a dismal ...
A surge in Treasuries pushed 10-year yields down by almost 15 basis points — easing fears that a 5% rate would be on the ...
Consumer inflation data came in slightly hotter than expected in December. Consumer prices were up 2.9% for the 12 months ended in December as compared to 2.7% in November, according to the latest ...
Consumer price index data for December showed that core price pressures eased more than expected. S&P 500 futures rose as ...
Federal-funds futures on Wednesday were pointing to the Federal Reserve keeping its benchmark interest rate at the current level potentially until June, as traders assessed data showing that core U.S.
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 Consumer Price Index for December 2024, will be released on January 15 2025 giving insight into recent inflation trends. Current nowcasts suggest that inflation may come in at a 2.9% headline ...
The latest inflation data take some of those cuts off the table. With the January CPI report now a matter ... magazine's Dubious Achievements Awards. In his current role at Kiplinger, Dan writes ...