Major U.S. stock averages surged Wednesday, with bank stocks climbing, and as a softer-than-expected core inflation reading ...
Consumer Price Index showed an acceleration to 2.9%, the highest rate since July. With such high inflation, the Fed is ...
PPI accelerated to an increase of 3.31%, driven largely by services, which accelerated to 4.03%. Both increases were the ...
Wall Street is struggling to make good on a modestly helpful U.S. PPI report and all eyes are now on the U.S. CPI data.
Investors looked ahead to the release of December’s CPI data and the start of the fourth-quarter earnings season.
The Labor Department reported Tuesday that its producer price index — which tracks inflation before it hits consumers — rose ...
Investors are gearing up for December's crucial consumer price index to determine the direction of Fed policy.
There are growing concerns about the stickiness of inflation and fears that the Federal Reserve may have to keep interest ...
US producer inflation rose less than analysts expected in December, according to government data released Tuesday, on the back of cooler food costs.
Gold prices extended gains on Tuesday after U.S. inflation data came in slightly weaker than expected, giving investors faint ...
If forecasters are correct, everyone's least favorite economic phenomenon likely continued its comeback in December.
Separately, inflation traders are currently bracing for the annual headline CPI rate to come in at 2.9% for both December and January. They expect the rate to slip toward 2.5% through May before ...