Gold Price Today: Yellow metal surges by Rs 800/10 gms in 2 days; silver rallies by Rs 2,600/kg
Gold and silver surged following softer-than-expected U.S. inflation data. The U.S. core CPI for December came in at 0.2%, ...
Rupee may not build on recovery despite renewed Fed rate-cut hopes
The non-deliverable forwards indicated that the Indian rupee is unlikely to recover more on Thursday despite renewed hopes ...
U.S. consumer prices see largest gain in nine months; core inflation shows signs of easing
U.S. consumer prices rose in December, pointing to elevated inflation and fewer interest rate cuts by the Federal Reserve.
US Inflation Rises to 2.9% in December, as Gas and Egg Prices Drive Uptick
The consumer price index (CPI) rose 2.9 percent year-over-year in December, the largest annual increase since July. When ...
Inflation heated up in December, as prices continue to weigh on Americans
The consumer price index increased by 2.9 percent in December from a year earlier, the Labor Department reported Wednesday, ...
After CPI inflation data, fed-funds futures point to potential rate cut in June
Federal-funds futures on Wednesday were pointing to the Federal Reserve keeping its benchmark interest rate at the current level potentially until June, as traders assessed data showing that core U.S.
US core CPI finally eases, rallying bets for Fed to cut sooner
U.S. consumer prices rose in December by less than forecast, a welcome stepdown that helped arrest a deep selloff in bond ...
Why stocks and bonds are on a tear today
The Dow jumped 700 points and the Nasdaq gained more than 2% as investors cheered encouraging inflation data and a strong ...
US inflation ticks up again — but Dow surges as key Fed gauge dips
The better-than-expected data sent the blue-chip Dow Jones Industrial Average surging more than 700 points, or 1.7%, as ...
US Consumer Inflation Rises In December But Underlying Pressures Ease
US consumer inflation rose for a third straight month in December as energy prices rose, according to government data ...
Nasdaq jumps 2%, S&P climbs as core CPI inflation cools; yields slide
U.S. stocks climbed Wednesday, after the key CPI inflation reading came in softer than expected. Bank stocks were rising, too ...
December Inflation Data Closes Door on January Rate Cut, but There’s Improvement Under the Hood
Rising energy prices accounted for more than 40% of the total increase in the CPI, according to the BLS, and gasoline prices ...