Inflation Sped Up in December, a Fresh Challenge for the Fed
The Consumer Price Index rose 2.9 percent from a year earlier, but a measure of underlying inflation was more encouraging.
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 ...
Treasuries Surge as Easing Inflation Boosts Fed Rate-Cut Bets
Treasuries rallied as inflation last month eased in the US by slightly more than economist had predicted, reinvigorating some ...
TSX leaps at open as U.S. inflation data raises Fed rate cut hopes
Canada's main stock index opened higher on Wednesday, helped by information technology shares, as investors welcomed a U.S.
CPI Inflation Report: What to Expect—and How the Release Will Affect the Fed and Interest Rates
The Bureau of Labor Statistics is set to release the consumer price index report for December at 8:30 a.m. Eastern time on ...
US inflation ticks up again — dimming prospects for significant Fed cuts this year
The consumer price index rose 0.4% last month after climbing 0.3% in November, the Labor Department’s Bureau of Labor ...
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.
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Bitcoin Smashes $99,000 as Inflation Rises to 2.9% in December
Inflation fears are eating away at Bitcoin’s post-election gains, and consumer prices rose a greater-than-expected pace in ...
Fed's preferred inflation gauge likely to show 2.8% core inflation in December: CapEcon and Pantheon Macro
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 ...
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.
Inflation speeds up, ends 2024 at 2.9 percent
Inflation picked up speed in December as the U.S. economy showed unexpected signs of strength at the end of 2024. The ...