A benign reading from the Consumer Price Index report assuaged market fears about the path of borrowing costs.
Treasury yields tumbled on Wednesday as market participants breathed a sigh of relief that there were few surprises in December's consumer inflation data.
Grocery prices had slowed for most of last year but began accelerating in the fall, rising 0.4% in September, 0.5% in ...
The stock market's stiffest headwind, a surge in Treasury bond yields, was blown aside Wednesday by a surprisingly benign ...
The consumer price index (CPI) rose 2.9 percent year-over-year in December, the largest annual increase since July. When ...
The incoming president is set to inherit three months of rising inflation from his predecessor, the Consumer Price Index ...
Goldman Sachs is hardly alone in predicting a further 5% jump in the dollar this year. Commodity Futures Trading Commission ...
While the overall consumer price index rose, the core measure that omits food and energy costs was below estimates.
Annual inflation ticked up for a third straight month in December as food, energy costs rose, CPI report showed. But ...
A key measure of consumer prices rose less than expected in December, perhaps calming at least temporarily fresh worries ...
The better-than-expected core CPI data sent the Dow Jones surging more than 700 points after Wednesday’s opening bell as ...
Inflation is proving stickier than expected, which could cause Fed to hit pause button on more interest rate cuts.