The Consumer Price Index report for January is expected to show broadly unchanged annual inflation according to nowcasts.
Inflation is proving stickier than expected, which could cause Fed to hit pause button on more interest rate cuts.
The CPI is expected to rise 0.2% M/M, unchanged from +0.2% increase in September, according to economists' consensus estimate. On a Y/Y basis, the inflation measure is anticipated to rise 2.6% vs.
The December CPI report, due Wednesday ... As of Monday, markets see a roughly 97% chance that the central bank holds rate steady, according to the CME FedWatch Tool. That would leave the federal ...
USD/CAD softens to around 1.4335 in Thursday’s early Asian session. The cooler-than-expected US core CPI revives bets on Fed rate cuts this year. Crude oil prices rise on US crude draw and ...
Options traders are bracing for the US equity benchmark’s busiest CPI day since March 2023. The index is expected to move 1% in either direction on Jan. 15, based on the cost of at-the-money ...
Wednesday’s markets held together despite a bearish CPI number, with the exception of cotton and wheat. Row crops saw a corrective bounce, while wheat continues to be under pressure progress on ...
"This strength comes despite a somewhat bearish inventory report from the EIA, as well as a stronger-than-expected CPI report, which likely pushes the Fed's first rate cut further back." ...
The CPI(M) on Wednesday (January 29 ... adjacent to the Orient Chowmuhani (Square), after rejecting previous requests to hold it at open fields such as Swami Vivekananda Stadium and Umakanta ...