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.
24 Jan 2025 17:47:59 GMT The upcoming U.S. CPI data, with expectations of a 0.2% m/m increase and a 2.5% y/y rate, could significantly influence USD and market sentiment. If inflation slows as ...
US stocks spiked Wednesday morning, as the CPI report boosted traders’ hopes that the Federal Reserve will continue its rate-cutting campaign this year. The Dow was up by almost 700 points in ...
The dollar posted moderate losses Wednesday as T-note yields fell on the Fed-friendly US Dec CPI report that showed an unexpected easing of core inflation. Also, Wednesday’s report showed that ...
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 US Dollar Index (DXY) has retreated from the psychological 110.00 handle as markets await the US inflation report due on Wednesday. Later today however, markets will get a glimpse of producer ...
The US Consumer Price Index (CPI) report for December, a critical gauge of inflation, is set to be released on Wednesday at 13:30 GMT, courtesy of the Bureau of Labor Statistics (BLS). The release of ...