With CPI inflation running at 2.9% Y/Y in December, the Federal Open Market Committee shouldn’t be considering another rate cut for a while, according to a former member of the FOMC. In terms of the ...
Consumer Price Index showed an acceleration to 2.9%, the highest rate since July. With such high inflation, the Fed is ...
Inflation is proving stickier than expected, which could cause Fed to hit pause button on more interest rate cuts.
If year-on-year total and core CPI consumer inflation rates accelerate, financial markets risk turbulence as investors’ 2025 ...
US consumer prices rose in December by less than forecast, reinvigorating bets that the Federal Reserve will cut interest rates sooner than previously thought. Bloomberg Television guests weigh in on ...
The better-than-expected data sent the blue-chip Dow Jones Industrial Average surging more than 700 points, or 1.7%, as ...
The Federal Reserve will hold its first policy meeting of the year on Jan. 28 and 29, where it is widely expected to keep ...
Annual inflation ticked up for a third straight month in December as food, energy costs rose, CPI report showed. But ...
A key inflation metric eased for the first time since July as investors debate the Federal Reserve's next interest rate ...
US consumer prices rose in December by less than forecast, a welcome stepdown that helped arrest a deep selloff in bond ...
Analysis of CPI inflation data shows mixed results for December 2024, impacting Fed rate decisions and stock market ...
The Consumer Price Index rose 2.9 percent from a year earlier, but a measure of underlying inflation was more encouraging.