Annual inflation ticked up for a third straight month in December as food, energy costs rose, CPI report showed. But ...
Inflation in the U.S.is “moving toward our goal of 2%,” but recent progress has been “choppy” and “it will take more time” to achieve success, the president of the New York Federal Reserve said ...
Federal Reserve Bank of Richmond President Tom Barkin said fresh inflation data show the central bank continues to see ...
The CPI report for December registered a 2.9% year-over-year rise and a 0.3% rise compared to November, but core inflation is ...
US CPI rose 0.4% MoM and 2.9% YoY. The market reacted bullishly, with bond yields dropping and equity futures rising. See what Fed is expected to do.
Russell 2000 jumps 2.87% as December CPI eases rate fears. JPMorgan posts record profit while bonds rally, dollar weakens ...
Consumer Price Index showed an acceleration to 2.9%, the highest rate since July. With such high inflation, the Fed is ...
US stocks soared as traders cheered encouraging inflation data, while the 10-year Treasury plunged 13 basis points.
US stocks jumped at the open after consumer price data showed inflation continues to slow. Strong bank earnings also helped ...
The consumer price index, an inflation gauge, rose 2.9% on an annual basis in December 2024 on the back of higher food and ...
US stocks rallied Wednesday after an encouraging inflation report and blockbuster profits for some of America’s biggest banks.
The Bank of England will cut interest rates four times this year to support a flat-lining economy, economists polled by ...