Consumer Price Index showed an acceleration to 2.9%, the highest rate since July. With such high inflation, the Fed is ...
Consumer prices rose at a faster annual pace in December, removing any hopes for a rate cut at the Monetary Policy Committee ...
The Bank of England looks set to resume cutting interest rates next month after official data revealed weaker inflation and ...
U.S. Inflation Rates Over Time and the Forecast for 2025 The latest Consumer Price Index, released by the U.S. Bureau of Labor Statistics in January 2024, showed an increase of 0.4% for December 2024 ...
Dow Jones futures fell on UnitedHealth but techs rose on Nvidia chipmaker Taiwan Semiconductor after Tesla, Meta surged in ...
A relatively benign U.S. reading on consumer price increases triggered a sharp relief rally in stocks and bonds on Wednesday, ...
Disinflation in key areas of consumer prices should help the Federal Reserve stick to its policy path of gradual cuts to ...
Cooler-than-expected inflation readings and positive bank earnings provided a string of good news for bulls after a dismal ...
A key inflation metric eased for the first time since July as investors debate the Federal Reserve's next interest rate decision.
The U.S. stock market broadly climbed Wednesday, after the CPI inflation report spurred a drop in Treasury yields. The S&P 500 SPX closed 1.8% higher, while the Dow Jones Industrial Average DJIA ...
U.S. consumer prices rose in December by less than forecast, a welcome stepdown that helped arrest a deep selloff in bond ...