The consumer price index, an inflation gauge, rose 2.9% on an annual basis in December 2024 on the back of higher food and ...
Inflation is proving stickier than expected, which could cause Fed to hit pause button on more interest rate cuts.
Take a look at how various financial markets are trading following the release of December's consumer-price index: stock ...
Entering 2025, models from forecasting companies like Trading Economics anticipate inflation rates between 2.4% and 2.9% ...
The annual inflation rate for housing and household services was 6.0% in December 2024, up from 5.8% in November. This ...
Investors should take advantage of the inflation-induced market sell-off and buy stocks, according to Fundstrat. Fundstrat's Tom Lee said there was real progress made in the March CPI report ...
The benchmark S&P 500 ( ^GSPC) popped more than 1.8%, while the Dow Jones Industrial Average ( ^DJI) rose more than 1.6%, or ...
Recently, progress on inflation appeared to be stuck or, at worst, reversing: A closely watched gauge of underlying price hikes — an index that excludes highly volatile categories — hadn’t budged for ...
Economists expect the consumer-price index, due this morning, to show inflation running at a 2.9% annual clip in December, up ...
Wednesday's softer-than-expected core CPI number offers some relief to the Federal Reserve, especially after last week's hot employment report, that could allow interest-rate cuts to remain on the ...
Stocks lost steam as Wall Street investors remained unwilling to make any riskier bets as they awaited key inflation data for clues on path of Federal Reserve rates over the next few months.
The consumer price index increased 2.7% in November 2024 from a year earlier, according to the Bureau of Labor Statistics. Inflation is not accelerating, but remains persistently too high ...