Inflation is proving stickier than expected, which could cause Fed to hit pause button on more interest rate cuts.
Gold prices extended gains on Wednesday, as the dollar dipped after U.S. core inflation data came in softer than expected, ...
Consumer Price Index showed an acceleration to 2.9%, the highest rate since July. With such high inflation, the Fed is ...
A jump in energy prices was primarily responsible for the increase in the overall CPI, especially energy commodities (fuel ...
Federal Reserve Bank of Richmond President Tom Barkin said fresh inflation data show the central bank continues to see ...
Michelle Girard, head of U.S. at NatWest Markets, discusses expectations for today's inflation data, and how that could shift ...
A key inflation metric eased for the first time since July as investors debate the Federal Reserve's next interest rate ...
A relatively benign U.S. reading on consumer price increases triggered a sharp relief rally in stocks and bonds on Wednesday, ...
The benchmark S&P 500 ( ^GSPC) popped more than 1.8%, while the Dow Jones Industrial Average ( ^DJI) rose more than 1.6%, or ...
U.S. inflation data for December indicates price pressures are continuing to ease, Richmond Federal Reserve President Thomas ...
Figures from December show core inflation tamer than expected, but "there's still work to do" amid broader uncertainty.
Federal-funds futures on Wednesday were pointing to the Federal Reserve keeping its benchmark interest rate at the current level potentially until June, as traders assessed data showing that core U.S.