Analysis of US CPI Report for December
There have been some troubling signs of inflation expectations picking up. The University of Michigan’s gauge of consumer expectations for price rises over the coming 5 to 10 years jumped to 3.3% in the preliminary January reading -- the highest since 2008. Now, politics was at play there: Democrats’ inflation expectations exploded, while those of Republicans tumbled. But it goes to show the nervousness about Trump’s agenda on the part of many Americans.
Consumer inflation data came in slightly hotter than expected in December. Consumer prices were up 2.9% for the 12 months ended in December as compared to 2.7% in November, according to the latest ...
Japan's yen strengthened on Wednesday on growing bets on a rate hike at the Bank of Japan's next meeting, while cooling ...
US Core CPI printed cool at .2% versus .3%. The CPI and PPI prints imply that PCE Core with come in at a cool .2% when it is ...
The better-than-expected data sent the blue-chip Dow Jones Industrial Average surging more than 700 points, or 1.7%, as ...
Gold prices extended gains on Tuesday after U.S. inflation data came in slightly weaker than expected, giving investors faint ...
The latest U.S. Consumer Price Index (CPI) report has drawn varied responses from Wall Street, influencing Federal Reserve ...
The Dow Jones Industrial Average and S&P 500 finished with a third straight day of gains on Wednesday, after December's consumer-price index sparked a relief rally and the biggest plunge in Treasury ...
Global markets treaded water on Wednesday ahead of U.S. consumer price data that could potentially lower the possibility for ...
The incoming president is set to inherit three months of rising inflation from his predecessor, the Consumer Price Index ...
U.S. stock futures were surging on Wednesday morning after the consumer-price index report showed inflation ticked up 0.4% in December, higher than the 0.3% forecast. But core inflation, which omits ...
Most stock markets in the Gulf ended higher on Wednesday ahead of highly anticipated U.S. consumer price index data, which ...
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