Inflation is proving stickier than expected, which could cause Fed to hit pause button on more interest rate cuts.
This table contains the annual rates of change of the CPI from the moment they were first published. The annual rate of change reflects changes in prices of consumer goods and services in a certain ...
and it’s widely believed that a rate cut is off the table for January, if not longer. Forecasts for the December Consumer Price Index report show another month of inflation remaining stubbornly ...
Cooler-than-expected inflation readings and positive bank earnings provided a string of good news for bulls, after a dismal start of the year.
CPI was softer than expected, with headline CPI up 0.4% and core CPI up 0.2%, leading to YoY rates of 2.9% and 3.3%, respectively. Read what investors need to know.
The benchmark S&P 500 ( ^GSPC) popped more than 1.8%, while the Dow Jones Industrial Average ( ^DJI) rose more than 1.6%, or ...