CPI edged higher in December, complicating the Fed's upcoming decision on rate cuts
Inflation is proving stickier than expected, which could cause Fed to hit pause button on more interest rate cuts.
Latest CPI Inflation Report Makes January Fed Rate Cut Very Unlikely
Consumer Price Index showed an acceleration to 2.9%, the highest rate since July. With such high inflation, the Fed is unlikely to cut rates in January.
Inflation rose to 5-month high in December. What that means for Fed rate cuts.
Annual inflation ticked up for a third straight month in December as food, energy costs rose, CPI report showed. But underlying price measure eased.
US Inflation Likely Remained Sticky-High Last Month, Threatening Interest Rate Cuts
U.S. inflation likely worsened last month on the back of higher prices for gas, eggs, and used cars, a trend that could make it less likely that the Federal Reserve will cut its key interest rate much
Cooler core inflation revives bets on Fed rate cuts
Federal Reserve policymakers may be able to reduce interest rates a couple of times this year, traders bet on Wednesday, after a government report helped allay fears that inflation was accelerating in the final full month of Joe Biden's presidency.
'Core' rate of inflation eases a bit, CPI shows. Fed and Wall Street get some breathing room.
A key measure of consumer prices rose less than expected in December, perhaps calming at least temporarily fresh worries about a recent rebound in inflation. An uptick in inflation since the end of su
Stock market today: Dow jumps 700 points, Nasdaq soars 2.5% after cool CPI reading
The shelter index saw prices increase 4.6% compared to the year prior, the lowest level since January 2022. While the index ...
VIEW Dec CPI rises a touch above expectations, keeps Fed on track
U.S. consumer prices increased slightly more than expected in November as energy costs rose, pointing to an inflation trend ...
CPI Inflation Hurt More In December But With A Silver Lining
Key Takeaways The Consumer Price Index rose 2.9% in December, accelerating from a 2.7% annual increase in November.Core ...
Stock Market Today: Dow, S&P 500 and Nasdaq surge after softer-than-forecast core CPI, bond yields fall; JPMorgan, Goldman launch earnings season
Wall Street sees best CPI day since at least late 2023; Goldman Sachs and JPMorgan kick off the new earnings season ...
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Consumer Price Index increased 0.4% in December, Labor Department
The Consumer Price Index increased 0.4% in December, compared to the previous month, the Bureau of Labor Statistics reported ...
Core CPI rises less than forecast as inflation pressures ease slightly in December
New data from the Bureau of Labor Statistics out Wednesday showed that a key inflation metric eased for the first time since ...
Dow Jones Today: Stocks Surge, Treasury Yields Slide After Soft CPI Data Boosts Rate-Cut Hopes; Banks Rise on Strong Earnings
Stocks soared Wednesday as investors digested strong earnings reports from several large financial services companies and ...
CPI Report: Live Coverage
The Dow, S&P 500, and Nasdaq are rallying Wednesday as the stock market digests the latest CPI inflation report and earnings from several big U.S. banks.
Mixed CPI Data For December
A jump in energy prices was primarily responsible for the increase in the overall CPI, especially energy commodities (fuel ...
December’s CPI inflation data produces biggest plunge in yields since November
U.S. government debt aggressively rallied after the monthly core inflation reading from Wednesday’s consumer-price index for December came in softer than expected, pushing yields across the Treasury ...
What CPI Report Could Mean for Donald Trump
The incoming president is set to inherit three months of rising inflation from his predecessor, the Consumer Price Index ...