Annual inflation ticked up for a third straight month in December as food, energy costs rose, CPI report showed. But ...
US stocks soared as traders cheered encouraging inflation data, while the 10-year Treasury plunged 13 basis points.
Economists at Capital Economics and Pantheon Macroeconomics have crunched the numbers, and they have determined that this week's readings on wholesale and consumer-price inflation likely portend an ...
While the overall consumer price index rose, the core measure that omits food and energy costs was below estimates.
While Wednesday's CPI data may not soothe concerns about inflation risks under the Trump administration, it "should quiet the tut-tutting of armchair central bankers who had criticized the Fed's ...
Consumer inflation increased 2.9% in 2024, which is above the Federal Reserve's goal of 2%, but wages overall more than kept ...
The December inflation report shows that inflation rose by 0.4% month over month and 2.9% year over year. NBC News' Brian ...
Wednesday's inflation report doesn't do much to change the outlook for a Federal Reserve that was already taking a break from cutting interest rates. Higher food and gas prices in December drove the ...
In short, December’s CPI figures send mixed signals. Despite last week’s data showcasing strength across the board in the US economy, Wednesday’s CPI release gives no clear evidence that this is ...
US stocks rallied Wednesday after an encouraging inflation report and blockbuster profits for some of America’s biggest banks.
Investors also cheered a strong set of quarterly results from the biggest US banks. At the opening bell, the Dow Jones ...