CPI edged higher in December, complicating the Fed's upcoming decision on rate cuts
Inflation is proving stickier than expected, which could cause Fed to hit pause button on more interest rate cuts.
Latest CPI Inflation Report Makes January Fed Rate Cut Very Unlikely
Consumer Price Index showed an acceleration to 2.9%, the highest rate since July. With such high inflation, the Fed is ...
Fed officials say latest inflation data helpful as they await Trump policies
Federal Reserve officials said data released on Wednesday showed U.S. inflation was continuing to ease even as they noted ...
CPI Report: How Markets Are Reacting to the Inflation Data, in Charts
Take a look at how various financial markets are trading following the release of December's consumer-price index: stock ...
InvestmentNews2d
CPI data show inflation progress toward 2% goal, says Fed's Barkin
Figures from December show core inflation tamer than expected, but "there's still work to do" amid broader uncertainty.
Most Gulf markets end higher ahead of US CPI
Most stock markets in the Gulf ended higher on Wednesday ahead of highly anticipated U.S. consumer price index data, which ...
Crypto Briefing2d
Bitcoin nears $100K as CPI data shows signs of cooling
Bitcoin nears $100K as cooling core inflation in better-than-expected CPI data fuels optimism for a June rate cut.
Mortgage News Daily2d
Mortgage Rates Drop Back to Last Week's Levels After Softer Inflation Data
We knew that today's Consumer Price Index (CPI) was a hotly anticipated economic report that at least had the potential to ...
Yen firms on BOJ talk, sterling calmer on CPI, but US data still to come
Japan's yen strengthened on Wednesday on growing bets on a rate hike at the Bank of Japan's next meeting, while cooling ...
Bitcoin approaches $100,000 on the heels of newly-released inflation data
On Wednesday, the price of bitcoin continued rising, surging to over $99,000 as it looked poised to return to the $100,000 ...