The Consumer Price Index report for January is expected to show broadly unchanged annual inflation according to nowcasts. That may be broadly good news for the Fed.
Inflation is proving stickier than expected, which could cause Fed to hit pause button on more interest rate cuts.
Progress on inflation should stall this year” as fiscal, immigration and trade policies shift, caution Bank of America economists.
The benchmark S&P 500 ( ^GSPC) popped more than 1.8%, while the Dow Jones Industrial Average ( ^DJI) rose more than 1.6%, or ...
The Consumer Price Index 0.4% M/M in December, matching the consensus and slightly accelerating from the 0.3% increase in the previous month, according to U.S. Bureau of Labor Statistics data released ...
Take a look at how various financial markets are trading following the release of December's consumer-price index: stock ...
and historical PCE data can be revised (more than for seasonal factors only). There's more, but the bottom line is that the Fed believes the PCE index has some critical advantages over CPI when it ...
The Consumer Price Index 0.4% M/M in December, matching the consensus and slightly accelerating from the 0.3% increase in the previous month, according to U.S. Bureau of Labor Statistics data ...
Diccon Hyatt is an experienced financial and economics reporter who has covered the pandemic-era economy in hundreds of stories over the past two years. He's written hundreds of stories breaking ...
Op-ed views and opinions expressed are solely those of the author. The Bureau of Labor Statistics just released the monthly increase in the Consumer Price Index for […] ...
Economists polled by Reuters had forecast the CPI gaining 0.3% and rising 2.9% from a year earlier. Market participants are betting on a 34.5 basis point cut by the end of this year, as per data ...