Consumer Price Index showed an acceleration to 2.9%, the highest rate since July. With such high inflation, the Fed is ...
US CPI rose 0.4% MoM and 2.9% YoY. The market reacted bullishly, with bond yields dropping and equity futures rising. See ...
The cost of living rose more in December than the month before, as rising energy costs hurt household budgets and stoked ...
A relatively benign U.S. reading on consumer price increases triggered a sharp relief rally in stocks and bonds on Wednesday, ...
U.S. consumer prices increased slightly more than expected in November as energy costs rose, pointing to an inflation trend ...
The consumer price index, an inflation measure, increased by 2.9% over the year that ended in December. That matched the forecast increase and was above November's year-over-year increase of 2.7%.
Bitcoin nears $100K as cooling core inflation in better-than-expected CPI data fuels optimism for a June rate cut.
Prior to December's print, core CPI had been stuck at a 3.3% annual gain for the past four months. It was the first time since July that year-over-year core CPI saw a deceleration in price growth.
The benchmark S&P 500 ( ^GSPC) popped more than 1.8%, while the Dow Jones Industrial Average ( ^DJI) rose more than 1.6%, or ...
A key inflation metric eased for the first time since July as investors debate the Federal Reserve's next interest rate decision.