US stocks soared as traders cheered encouraging inflation data, while the 10-year Treasury plunged 13 basis points.
Donald Trump’s second term may reshape Asia’s economy through trade policies, impacting countries reliant on US trade. While ...
While the overall consumer price index rose, the core measure that omits food and energy costs was below estimates.
Wednesday's inflation report doesn't do much to change the outlook for a Federal Reserve that was already taking a break from cutting interest rates. Higher food and gas prices in December drove the ...
US stocks rallied Wednesday after an encouraging inflation report and blockbuster profits for some of America’s biggest banks.
Annual inflation ticked up for a third straight month in December as food, energy costs rose, CPI report showed. But ...
Economists at Capital Economics and Pantheon Macroeconomics have crunched the numbers, and they have determined that this week's readings on wholesale and consumer-price inflation likely portend an ...
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.
US consumer inflation rose for a third straight month in December as energy prices rose, according to government data ...
Consumer inflation increased 2.9% in 2024, which is above the Federal Reserve's goal of 2%, but wages overall more than kept ...
The Consumer Price Index rose 2.9 percent from a year earlier, but a measure of underlying inflation was more encouraging.
U.S. inflation ticked higher in December, data indicated Wednesday, but core price price pressures eased, potentially ...