Inflation is proving stickier than expected, which could cause Fed to hit pause button on more interest rate cuts.
There were some trouble spots in December. For example, grocery prices increased by 0.3% from November to December, according to CPI data. A rise of about 0.2% a month is consistent with hitting ...
Inflation remains above the Fed’s target, and it’s widely believed that a rate cut is off the table for January ... However, he notes that the CPI data should continue to show gradual ...
Get Wall Street's Hottest Chart Every Morning Bitcoin BTC/USD is eyeing a march toward the $100,000 mark following CPI data that aligned with market expectations. What Happened: The report has ...
Here is the introduction from the BLS summary, which leads with the seasonally adjusted monthly data ... The first chart is an overlay of headline CPI and core CPI (excludes Food and Energy ...
The daily chart reveals that Gold remains within a ... This aligns with the Fed's monetary policy expectations and the upcoming CPI data release. Market participants should also monitor the ...
On the economic data front, the US CPI release for December will draw all ... Gold bulls have avoided re-entering the pennant chart formation and sent prices back above the descending trend ...
A line chart titled "Spot gold price in USD per oz" that tracks the metric over time. Excluding volatile food and energy components, core CPI increased 3.2% on an annual basis, compared with an ...
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