The Consumer Price Index report for January is expected to show broadly unchanged annual inflation according to nowcasts. That may be broadly good news for the Fed.

The so-called core consumer price index — which excludes food and energy costs — increased 0.2% after rising 0.3% four straight months.

U.S. inflation data out Wednesday showed consumer prices ticked up more than expected in December amid higher gas prices. The Labor Department's consumer price index rose 0.4% last month, slightly ...

All eyes are on US inflation data to be released today. The US Bureau of Labor Statistics is set to release its December CPI data on January 15, 2025, at 8:30 A.M. Eastern Time. Wednesday’s CPI ...

Japan's yen strengthened on Wednesday on growing bets on a rate hike at the Bank of Japan's next meeting, while cooling British inflation offered relief to the pound, but traders were reluctant to buy ...

However, stronger-than-expected data could bolster the dollar and trigger market volatility as investors reassess the likelihood of future rate hikes. Markets will be closely watching the CPI ...

Recently, progress on inflation appeared to be stuck or, at worst, reversing: A closely watched gauge of underlying price hikes — an index that excludes highly volatile categories — hadn’t budged for ...

US consumer prices rose in December by less than forecast, reinvigorating bets that the Federal Reserve will cut interest rates sooner than previously thought. Bloomberg Television guests weigh in on ...

Investors also digested soft U.S. producer inflation print and waited for the release of December CPI data later in the day for greater clarity on the path of Federal Reserve rates over the coming ...

The benchmark S&P 500 ( ^GSPC) popped more than 1.8%, while the Dow Jones Industrial Average ( ^DJI) rose more than 1.6%, or ...

Better-than-expected Core CPI for December led to a sharp fall in US Treasury yields as stocks gained premarket, boosted by phenomenal banking results.

That reading, coupled with some better-than-expected wholesale inflation data received on Tuesday, spurred optimism in the markets. US stocks spiked Wednesday morning, as the CPI report boosted ...