CPI Inflation Ticked Up To 2.9% In December—Highest Since July As Economists Note Stalling Progress
Progress on inflation should stall this year” as fiscal, immigration and trade policies shift, caution Bank of America ...
Inflation pressures ease in December as core CPI rises less than forecast
New data from the Bureau of Labor Statistics out Wednesday showed that a key inflation metric eased for the first time since ...
Stocks open sharply higher as Wall Street gets relief from softer-than-expected core CPI inflation data
U.S. stocks were surging on Wednesday morning as Treasury yields fell after core inflation data came in below expectations, boosting bets that the Federal Reserve will still be able to cut interest ...
Softer Reading on Core Inflation Revives Bets on Rate Cuts
Traders are feeling more confident that the Federal Reserve will cut interest rates this year after a key inflation gauge ...
US Inflation Rises to 2.9% in December, as Gas and Egg Prices Drive Uptick
The consumer price index (CPI) rose 2.9 percent year-over-year in December, the largest annual increase since July. When ...
Bond ETFs jump after fresh inflation data send Treasury yields lower
Exchange-traded funds that hold bonds were rallying on Wednesday morning, following fresh data from the consumer-price index showed the rate of core U.S. inflation slowed slightly last month. The ...