Inflation is proving stickier than expected, which could cause Fed to hit pause button on more interest rate cuts.
US consumer prices rose in December by less than forecast, a welcome stepdown that helped arrest a deep selloff in bond ...
Gold prices extended gains on Wednesday, as the dollar dipped after U.S. core inflation data came in softer than expected, ...
The better-than-expected data sent the blue-chip Dow Jones Industrial Average surging more than 700 points, or 1.7%, as ...
The Federal Reserve may just give investors what they want this year after all. The December inflation report, released ...
Annual inflation ticked up for a third straight month in December as food, energy costs rose, CPI report showed. But ...
The Consumer Price Index rose 2.9 percent from a year earlier, but a measure of underlying inflation was more encouraging.
In short, December’s CPI figures send mixed signals. Despite last week’s data showcasing strength across the board in the US economy, Wednesday’s CPI release gives no clear evidence that this is ...
A relatively benign U.S. reading on consumer price increases triggered a sharp relief rally in stocks and bonds on Wednesday, ...