Federal Reserve Bank of Richmond President Tom Barkin said fresh inflation data show the central bank continues to see ...
Consumer Price Index showed an acceleration to 2.9%, the highest rate since July. With such high inflation, the Fed is ...
The consumer price index, an inflation gauge, rose 2.9% on an annual basis in December 2024 on the back of higher food and ...
Fresh inflation data released Wednesday is likely to keep the Federal Reserve on pause during its next policy meeting this ...
Major U.S. indices surged Wednesday after consumer inflation came in lower than expected, and major banks posted strong ...
However, stubbornly high inflation still presents a tough challenge for the Federal Reserve and the S&P 500 as ...
U.S. government debt aggressively rallied after the monthly core inflation reading from Wednesday's consumer-price index for December came in softer than expected, pushing yields across the Treasury ...
Investors were cheering the latest consumer-price index report, which that showed core inflation unexpectedly slowed in December, putting U.S. stocks on pace for their best CPI day in at least 14 ...
December's CPI inflation data was in the process of producing the biggest one-day drop in Treasury yields since late November, leaving market-based rates on course for a second day of declines. The ...
That sound you heard coming from Wall Street on Wednesday? A huge sigh of relief following strong earnings from Dow ...
The end of 2024 proved to be a mixed bag when it comes to inflation. Energy prices surged in December and food inflation levels remained more elevated than the summer—which likely left many consumers ...