Inflation is proving stickier than expected, which could cause Fed to hit pause button on more interest rate cuts.

Consumer Price Index showed an acceleration to 2.9%, the highest rate since July. With such high inflation, the Fed is unlikely to cut rates in January.

These consensus expectations are as of 1/11, and based on Trading Economics survey. the core CPI inflation will be 0.27% MoM in December, and also 0.27% MoM in January 2025, which when rounded up ...

Despite already elevated inflation rates, Prestige Economics has cautioned that the December CPI report on January 15 could show accelerations in year-on-year total CPI to 3.0% from 2.7% and core ...

With the December CPI report now a matter of record, we turned to economists, strategists and other experts for their thoughts on what the data means for markets, macroeconomics and monetary ...

Case in point, Core M/M CPI came in at 0.2 vs 0.2 forecast and 10yr yields quickly dropped by 15bps and never rebounded. That's quite something and it either emphasizes the market's anxiety about ...

Financial markets are near certain that the Reserve Bank will cut interest rates in February, after the latest CPI data ...

Evidence is mounting that shelter disinflation is gaining momentum, a trend that has yet to be fully reflected in government ...