Latest CPI Inflation Report Makes January Fed Rate Cut Very Unlikely
Consumer Price Index showed an acceleration to 2.9%, the highest rate since July. With such high inflation, the Fed is ...
The VIX Slides as Investors Cheer CPI and Bank Earnings
That sound you heard coming from Wall Street on Wednesday? A huge sigh of relief following strong earnings from Dow ...
Here's the inflation breakdown for December 2024 — in one chart
The consumer price index, an inflation gauge, rose 2.9% on an annual basis in December 2024 on the back of higher food and ...
Fed’s Barkin Says CPI Data Show Inflation Headed Toward 2% Goal
Federal Reserve Bank of Richmond President Tom Barkin said fresh inflation data show the central bank continues to see ...
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December Consumer Inflation In Line With Forecasts But Core CPI Falls Below Estimate: Retail’s Wary Despite Wall Street Rally
Major U.S. indices surged Wednesday after consumer inflation came in lower than expected, and major banks posted strong ...
Easing Core Inflation Boosts Markets. Why It Doesn't Help Consumers Much—or the Fed.
The end of 2024 proved to be a mixed bag when it comes to inflation. Energy prices surged in December and food inflation levels remained more elevated than the summer—which likely left many consumers ...
New inflation reading likely keeps the Fed on pause for now
Fresh inflation data released Wednesday is likely to keep the Federal Reserve on pause during its next policy meeting this ...
December's CPI inflation data produces biggest plunge in yields since November
U.S. government debt aggressively rallied after the monthly core inflation reading from Wednesday's consumer-price index for December came in softer than expected, pushing yields across the Treasury ...
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Core CPI Inflation Eases; S&P 500 Rallies As Fed Rate-Cut Hopes Brighten
However, stubbornly high inflation still presents a tough challenge for the Federal Reserve and the S&P 500 as ...
Treasury yields plunge by most in seven weeks after December CPI
December's CPI inflation data was in the process of producing the biggest one-day drop in Treasury yields since late November, leaving market-based rates on course for a second day of declines. The ...
Bank stocks are giving a nice lift to U.S. markets, along with CPI report
Wednesday's December CPI inflation report offered Wall Street some long-awaited relief after a bumpy start to 2025, but the beginning of the ...