Consumer Price Index showed an acceleration to 2.9%, the highest rate since July. With such high inflation, the Fed is ...
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 ...
Managing partner and Chief Investment Officer of the Armstrong Advisory Group, Chuck Zodda breaks down this week's financial ...
The dollar index (DXY00) Wednesday fell by -0.16%. The dollar posted moderate losses Wednesday as T-note yields fell on the Fed-friendly US Dec CPI report that showed an unexpected easing of core ...
reducing inflation concerns and boosting expectations for a friendly US CPI report on Wednesday. However, stock indexes fell back from their best levels and turned mixed on some negative corporate ...
US consumer prices rose in December by less than forecast, a welcome stepdown that helped arrest a deep selloff in bond ...
Entering 2025, models from forecasting companies like Trading Economics anticipate inflation rates between 2.4% and 2.9% ...
US stocks (^GSPC, ^IXIC, ^DJI) closed higher on Wednesday as inflation cooled, with the December CPI report easing concerns. The inflation data showed the December CPI rising 0.4% monthly and 2.9% ...
A relatively benign U.S. reading on consumer price increases triggered a sharp relief rally in stocks and bonds on Wednesday, but traders and investors warn that markets are likely to remain anxious ...
German GDP forecasts signal contraction, stoking ECB rate cut bets. Can dovish policy support rate-sensitive DAX stocks in 2025?
U.S. President-elect Donald Trump at Turning ... While prices have risen and then dropped significantly under Biden's tenure, the CPI report confirms that Trump is set to inherit a stubborn ...
US stocks spiked Wednesday morning, as the CPI report boosted traders’ hopes that the Federal Reserve will continue its rate-cutting campaign this year. The Dow was up by almost 700 points in ...