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.
US inflation likely remained sticky-high last month, threatening interest rate cuts
U.S. inflation likely worsened last month on the back of higher prices for gas, eggs, and used cars, a trend that could make ...
Rising Overall Inflation Puts Further Rate Cut Plans on Ice
The path of inflation proved bumpier than expected in December, with price growth picking up more than economists had ...
Key Inflation Data Arrives Wednesday. Why Economists Don’t Expect Any Relief.
Inflation picked up in December, if economic forecasters are right—driven by rising food and energy costs. And the uptick ...
US stocks surge after latest inflation report shows progress on price hikes
Consumer inflation data came in slightly hotter than expected in December. Consumer prices were up 2.9% for the 12 months ended in December as compared to 2.7% in November, according to the latest ...
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Producer prices rose less than expected in December, encouraging investors
according to a survey of forecasters by the data firm FactSet. Wholesale prices can offer an early look at where consumer inflation might be headed. Economists also watch it because some of its ...
Bond ETFs jump after fresh inflation data send Treasury yields lower
Exchange-traded funds that hold bonds were rallying on Wednesday morning, following fresh data from the consumer-price index showed the rate of core U.S. inflation slowed slightly last month. The ...
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US stocks surge after latest inflation report shows progress on price hikes
Recently, progress on inflation appeared to be stuck or ... The consensus estimates on FactSet did anticipate core slowing on a monthly basis but holding firm at 3.3% for the year.