Latest CPI Inflation Report Makes January Fed Rate Cut Very Unlikely
Consumer Price Index showed an acceleration to 2.9%, the highest rate since July. With such high inflation, the Fed is ...
Nasdaq jumps 2%, S&P climbs as core CPI inflation cools; yields slide
Major U.S. stock averages popped higher Wednesday afternoon, with bank stocks rising, and as a softer-than-expected core ...
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Inflation revival persists as market risk despite CPI-fueled rally
Jan 15 (Reuters) - A relatively benign U.S. reading on consumer price increases triggered a sharp relief rally in stocks ...
Fed’s Barkin Says CPI Data Show Inflation Headed Toward 2% Goal
Federal Reserve Bank of Richmond President Tom Barkin said fresh inflation data show the central bank continues to see ...
December CPI Report: A Cool End To 2024 Caps The Upside Risks To Inflation
US CPI rose 0.4% MoM and 2.9% YoY. The market reacted bullishly, with bond yields dropping and equity futures rising. See ...
What CPI Report Could Mean for Donald Trump
The incoming president is set to inherit three months of rising inflation from his predecessor, the Consumer Price Index ...
Stock Market Today: Dow, S&P 500 and Nasdaq surge after softer-than-forecast core CPI, bond yields fall; JPMorgan, Goldman launch earnings season
Wall Street sees best CPI day since at least late 2023; Goldman Sachs and JPMorgan kick off the new earnings season ...
Dollar weakens after CPI shows cooling inflation; yen firms on BOJ talk
The dollar weakened against major peers on Wednesday after cooler-than-expected data eased fears that inflation was ...