Inflation is proving stickier than expected, which could cause Fed to hit pause button on more interest rate cuts.
The Consumer Price Index report for January is expected to show broadly unchanged annual inflation according to nowcasts. That may be broadly good news for the Fed.
One of the most consequential takeaways from the latest PCE report showed that core inflation, which excludes volatile food and energy prices, was stable in December. An earlier reading from the CPI ...
The dollar index (DXY00) Wednesday fell by -0.16%. The dollar posted moderate losses Wednesday as T-note yields fell on the Fed-friendly US Dec CPI report that showed an unexpected easing of core ...
The dollar index (DXY00) today is down by -0.31%. The dollar tumbled today as T-note yields dropped on the Fed-friendly US Dec CPI report that showed an unexpected easing of core inflation. Also, ...
The December CPI report, due Wednesday, is predicted to show another month of sticky inflation. Gas, food, vehicle, and shelter costs are among the areas believed to have kept the CPI elevated.
Inflation is a hot topic of conversation. The past few years, consumers have been digging even deeper into their pockets for ...
Options traders whipsawed by the stock market’s recent gyrations are getting anxious that more bouts of volatility may arrive ...
A key inflation metric eased for the first time since July as investors debate the Federal Reserve's next interest rate decision.
The latest Consumer Price Index (CPI) report shows inflation increased 0.4 percent in December, after rising 0.3 percent the month before, the Bureau of Labor Statistics announced on Wednesday ...
Bitcoin (CRYPTO: BTC) is exhibiting strong bullish momentum, with analysts projecting a potential upside target of $122,000, ...
The latest CPI inflation news was OK. The 0.4% headline increase is higher than in prior months but aligns with expectations.