U.S. consumer prices rose in December, pointing to elevated inflation and fewer interest rate cuts by the Federal Reserve.
Inflation is proving stickier than expected, which could cause Fed to hit pause button on more interest rate cuts.
The Labor Department's inflation report for the month of December showed that food and energy prices were the primary drivers ...
U.S. consumer prices rose in December by less than forecast, a welcome stepdown that helped arrest a deep selloff in bond ...
The benchmark S&P 500 ( ^GSPC) popped more than 1.8%, while the Dow Jones Industrial Average ( ^DJI) rose more than 1.6%, or ...
December's CPI data shows core retail disinflation, leading to a market rally and anticipation of Fed rate cuts starting in July. Big bank earnings impress investors ...
U.S. consumer prices increased by the most in nine months in December amid higher costs for energy goods, pointing to ...
Consumer Price Index showed an acceleration to 2.9%, the highest rate since July. With such high inflation, the Fed is ...
Progress on inflation should stall this year” as fiscal, immigration and trade policies shift, caution Bank of America ...
US CPI rose 0.4% MoM and 2.9% YoY. The market reacted bullishly, with bond yields dropping and equity futures rising. See ...
A key inflation metric eased for the first time since July as investors debate the Federal Reserve's next interest rate ...
Inflation fears are eating away at Bitcoin’s post-election gains, and consumer prices rose a greater-than-expected pace in ...