Wall Street caught a break on Tuesday with a benign report on wholesale inflation in December. But a bigger test comes this morning via the consumer price index for the final month of 2024.
The closely scrutinized monthly consumer-price index is due at 8:30 a.m. ET. Here are some key points to know ahead of the report: Economists expect annual inflation to come in at 2.9% as of December, ...
The Consumer Price Index for December 2024, will be released on January 15 2025. Accelerating headline inflation is expected, that may cool the impetus for rate cuts.
It is important – and I say it every year – to remember that when we are looking at economic data from December (and in many ...
The dollar posted moderate losses Wednesday as T-note yields fell on the Fed-friendly US Dec CPI report that showed an unexpected easing of core inflation. Also, Wednesday’s report showed that ...
If you’ve never heard of it, the Consumer Price Index is a monthly report released by the U.S. Bureau of Labor Statistics. It provides a snapshot of critical areas of inflation as they relate to ...
Bitcoin rose 3.2% on Wednesday, after the consumer-price index report showed that core inflation was softer than forecast in December. The largest cryptocurrency was trading at around $99,613 on ...
The futures market indicated that traders anticipate close to 40 basis points in rate cuts from the US Fed this year, up from close to 30 bps prior to the CPI report data release. Meanwhile ...
Ritholtz Wealth Management increased its holdings in shares of CPI Card Group Inc. (NASDAQ:PMTS – Free Report) by 16.9% during the fourth quarter, according to the company in its most recent 13F ...