The Consumer Price Index report for January is expected to show broadly unchanged annual inflation according to nowcasts.
Inflation is proving stickier than expected, which could cause Fed to hit pause button on more interest rate cuts.
This contradicts months of claims from Jerome Powell who has insisted that price inflation was rapidly returning to the Fed's ...
Dec CPI ex-food and energy unexpectedly eased to +3.2% y/y +3. ... “We expect to continue to further reduce the ...
The incoming president is set to inherit three months of rising inflation from his predecessor, the Consumer Price Index ...
Gold prices extended gains on Wednesday, as the dollar dipped after U.S. core inflation data came in softer than expected, ...
The consumer price index, an inflation gauge, rose 2.9% on an annual basis in December 2024 on the back of higher food and ...
Canadian Dollar (CAD) net short positions have decreased for the second week in a row, driven by a decrease in short ...
US Core CPI printed cool at .2% versus .3%. The CPI and PPI prints imply that PCE Core with come in at a cool .2% when it is ...
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 annual inflation rate for housing and household services was 6.0% in December 2024, up from 5.8% in November. This ...
This contradicts months of claims from Jerome Powell who has insisted that price inflation was rapidly returning to the Fed's ...