Inflation is proving stickier than expected, which could cause Fed to hit pause button on more interest rate cuts.
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 ...
US stocks rallied sharply on Wednesday as traders ... "Wednesday's softer-than-expected CPI print offers some relief, especially after last Friday's hot employment numbers, that the Fed may ...
U.S. stocks closed a choppy session mixed ... Economists, on average, forecast the annual consumer price index (CPI) to have been up 2.8% in December from 2.7% the prior month, FactSet said.
Each month, usually on or around the 15th at 8:30 am Eastern time, the BLS releases CPI values for the previous month. Are Price Indexes Similar to Stock Indexes? Price indexes are similar to ...
Stocks rose following the CPI print, with the S&P 500 index rising roughly 1.3%, while bond yields declined with the 10-year U.S. Treasury note dipping below 3.7%. "Despite all the noise ...
A key inflation metric eased for the first time since July as investors debate the Federal Reserve's next interest rate decision.
Bitcoin climbed back above $100,000 on Wednesday, rising on fresh inflation data that lifted stocks and regulatory news seen as bullish for cryptocurrency.