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
Rising Overall Inflation Puts Further Rate Cut Plans on Ice
The path of inflation proved bumpier than expected in December, with price growth picking up more than economists had forecast. The consumer price index climbed 2.9% year over year in December, according to data released Wednesday by the Bureau of Labor Statistics.
Surprise drop in UK inflation rate in December
Prices increased by 2.5% on an annual basis in December, down from 2.6% in November. Full coverage from the team at MoneyWeek.
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 shows signs of easing again, per December CPI
The Consumer Price Index ticked up by 0.4% in December, but a measure that excludes food and energy prices slowed for the first time in four months, the Labor Department said on Wednesday. Why it matters: Inflation resumed a cooling trend after a months-long interruption,
Traders now see two Fed rate cuts this year after benign December inflation data
Traders of interest-rate futures are now predicting nearly equal chances on Wednesday that the Federal Reserve will lower interest rates twice by the end of this year, according to data compiled by Reuters.
Stocks Await More Earnings After Strong Start And Better Inflation
Better bank earnings and inflation readings sent bond and stock prices higher. Earnings and politics will likely have the ...
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.
Key Inflation Data Arrives Wednesday. Why Economists Don’t Expect Any Relief.
Inflation picked up in December, if economic forecasters are right—driven by rising food and energy costs. And the uptick ...
Wholesale inflation heated up less than expected last month
There appears to be some welcome news on the US inflation front. Price hikes on the wholesale level were much tamer than ...
Stocks open sharply higher as Wall Street gets relief from softer-than-expected core CPI inflation data
U.S. stocks were surging on Wednesday morning as Treasury yields fell after core inflation data came in below expectations, boosting bets that the Federal Reserve will still be able to cut interest ...
Two Stock Ideas for the New Trump Era
Don’t Wait for a Correction to Join a Bull Market If you’re interested in investing, you’re likely familiar with Warren ...
US stocks surge after latest inflation report shows progress on price hikes
Consumer inflation data came in slightly hotter than expected in December. Consumer prices were up 2.9% for the 12 months ended in December as compared to 2.7% in November, according to the latest ...
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JPMorgan, Lululemon and more: The week in earnings
JPMorgan posts record profits, Lululemon raises guidance, Cogeco kickstarts three-year plan, and UnitedHealth beats ...