Inflation is proving stickier than expected, which could cause Fed to hit pause button on more interest rate cuts.
The consumer price index increased 2.7% in November 2024 from ... The good news is underlying trends still appear positive and disinflation is likely to continue, economists said.
Take a look at how various financial markets are trading following the release of December's consumer-price index: stock futures, Treasury yields, the dollar, gold and Brent crude oil.
The overall Consumer Price Index increased by 0.4 percent for December, slightly above market expectations of 0.3 percent. A jump in energy prices was primarily responsible for the increase in the ...
Inflation remains above the Fed’s target, and it’s widely believed that a rate cut is off the table for January, if not longer. Forecasts for the December Consumer Price Index report show ...
as shown in the chart below. The gasoline futures just broke the key downtrend resistance, and breached the 200dma resistance. If this trend continues, the headline CPI inflation could start ...
Gold price sees gains limited for now, ahead of December CPI release. Tuesday's soft PPI ... Gold bulls have avoided re-entering the pennant chart formation and sent prices back above the ...
Buy the AUD/USD pair and set a take-profit at 0.6400. Add a stop-loss at 0.6250. Timeline: 1-2 days. Bearish view Set a sell-stop at 0.6300 and a take-profit at 0.6200. Add a stop-loss at 0.6400.
CPI data shows a 0.4% rise in December ... while the 200-day EMA at 30.24 underscores the broader trend. The slight gap between these EMAs highlights a cautious market sentiment.