Consumer Price Index showed an acceleration to 2.9%, the highest rate since July. With such high inflation, the Fed is ...
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 ...
Inflation is proving stickier than expected, which could cause Fed to hit pause button on more interest rate cuts.
Line graph showing various measures of inflation and the Federal Reserve's policy rate of interest. The latest Consumer Price Index report showed inflation rising slightly in December but was ...
The better-than-expected data sent the blue-chip Dow Jones Industrial Average surging more than 700 points, or 1.7%, as ...
Annual inflation ticked up for a third straight month in December as food, energy costs rose, CPI report showed. But ...
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 Federal Reserve will hold its first policy meeting of the year on Jan. 28 and 29, where it is widely expected to keep ...
Many economists have felt relief over continued GDP growth. But ongoing data releases suggest that the foundation of the ...
US consumer prices rose in December by less than forecast, a welcome stepdown that helped arrest a deep selloff in bond ...
The latest Consumer Price Index report showed inflation rising slightly in December but was driven by volatile energy prices, something the Fed tries to factor out in its analysis of underlying ...