Inflation is proving stickier than expected, which could cause Fed to hit pause button on more interest rate cuts.
The incoming president is set to inherit three months of rising inflation from his predecessor, the Consumer Price Index shows.
Disinflation in key areas of consumer prices should help the Federal Reserve stick to its policy path of gradual cuts to ...
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.
Managing partner and Chief Investment Officer of the Armstrong Advisory Group, Chuck Zodda breaks down this week's financial news including the CPI Inflation report.
Recently, progress on inflation appeared to be stuck or, at worst, reversing: A closely watched gauge of underlying price hikes — an index that excludes highly volatile categories — hadn’t budged for ...
The benchmark S&P 500 ( ^GSPC) popped more than 1.8%, while the Dow Jones Industrial Average ( ^DJI) rose more than 1.6%, or ...
Wall Street caught a break on Tuesday with a benign report on wholesale inflation in December. But a bigger test comes this morning via the consumer price index for the final month of 2024.
Despite the cool inflation report, the Fed is likely to pause rate cuts in January and March, balancing inflation and employment mandates amid rising uncertainty. US CPI increased 0.4% MoM and 2.9 ...
Options traders whipsawed by the stock market’s recent gyrations are getting anxious that more bouts of volatility may arrive ...
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 ...