Inflation is proving stickier than expected, which could cause Fed to hit pause button on more interest rate cuts.
Consumer price index data for December showed that core price pressures eased more than expected. S&P 500 futures rose as Wall Street weighed the CPI's implications for Federal Reserve policy as well ...
A key inflation metric eased for the first time since July as investors debate the Federal Reserve's next interest rate decision.
The latest inflation report slashed the risk that the Fed could go back to hiking interest rates this year, Wall Street ...
A relatively benign U.S. reading on consumer price increases triggered a sharp relief rally in stocks and bonds on Wednesday, but traders and investors warn that markets are likely to remain anxious ...
A jump in energy prices was primarily responsible for the increase in the overall CPI, especially energy commodities (fuel oil and motor fuels). Click to read.
The closely scrutinized monthly consumer-price index is due at 8:30 a.m. ET. Here are some key points to know ahead of the report: Economists expect annual inflation to come in at 2.9% as of December, ...
A Labor Department report showed the Consumer Price Index (CPI) rose 2.9 per cent on an annual basis in December 2024, the highest since last July ...
US consumer prices rose in December by less than forecast, reinvigorating bets that the Federal Reserve will cut interest rates sooner than previously thought. Bloomberg Television guests weigh in on ...
New data from the Bureau of Labor Statistics out Wednesday showed that a key inflation metric eased for the first time since July. On a "core" basis, which strips out the more volatile costs of food ...