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.
Japan's yen strengthened on Wednesday on growing bets on a rate hike at the Bank of Japan's next meeting, while cooling ...
U.S. inflation data out Wednesday showed consumer prices ticked up more than expected in December amid higher gas prices. The ...
The better-than-expected data sent the blue-chip Dow Jones Industrial Average surging more than 700 points, or 1.7%, as ...
Global markets treaded water on Wednesday ahead of U.S. consumer price data that could potentially shift the monetary policy ...
The consumer price index (CPI) rose 2.9 percent year-over-year in December, the largest annual increase since July. When ...
Bitcoin (BTC) continues its recovery, trading above $97,000 on Wednesday after retesting its key psychological level at ...
Most stock markets in the Gulf ended higher on Wednesday ahead of highly anticipated U.S. consumer price index data, which ...
All eyes are on US inflation data to be released today. The US Bureau of Labor Statistics is set to release its December CPI ...
As per the survey, 51 per cent of the respondents see gold as the top performer this year. Around 36 per cent see silver ...
Gold prices extended gains on Tuesday after U.S. inflation data came in slightly weaker than expected, giving investors faint ...
The benchmark S&P 500 ( ^GSPC) popped more than 1.8%, while the Dow Jones Industrial Average ( ^DJI) rose more than 1.6%, or ...
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