Markets rally in early trade tracking global peers
Benchmark indices Sensex and Nifty surged in early trade on Thursday in tandem with a rally in global markets after ...
Seattle area ended 2024 with lower inflation, good news for shoppers
In the two-month period ending in December, grocery prices in the Seattle area fell 0.2%, driven by lower costs in the bakery ...
US Inflation Rises to 2.9% in December, as Gas and Egg Prices Drive Uptick
The consumer price index (CPI) rose 2.9 percent year-over-year in December, the largest annual increase since July. When ...
Inflation Ticks Up to 2.9%, but Underlying Price Gains Are Muted
Gas prices rose sharply, but investors homed in on a small decline in the core CPI.
CPI report feels like we're back in goldilocks scenario, says UBS' Mark Andersen
Mark Andersen, UBS Global Wealth Management co-head of global asset allocation, joins 'Money Movers' to discuss Wednesday's ...
Inflation heated up in December, as prices continue to weigh on Americans
The consumer price index increased by 2.9 percent in December from a year earlier, the Labor Department reported Wednesday, ...
Why S&P 500's financials sector just booked its best day since early November
The U.S. stock market broadly climbed Wednesday, after the CPI inflation report spurred a drop in Treasury yields. The S&P 500 SPX closed 1.8% higher, while the Dow Jones Industrial Average DJIA ...
CPI edged higher in December, complicating the Fed's upcoming decision on rate cuts
Inflation is proving stickier than expected, which could cause Fed to hit pause button on more interest rate cuts.
Energy and food prices drove inflation in December
The Labor Department's inflation report for the month of December showed that food and energy prices were the primary drivers ...
'Core' rate of inflation eases a bit, CPI shows. Fed and Wall Street get some breathing room.
A key measure of consumer prices rose less than expected in December, perhaps calming at least temporarily fresh worries ...
After CPI inflation data, fed-funds futures point to potential rate cut in June
Federal-funds futures on Wednesday were pointing to the Federal Reserve keeping its benchmark interest rate at the current level potentially until June, as traders assessed data showing that core U.S.
CPI Inflation: Don't Expect The Fed To Budge
Analysis of CPI inflation data shows mixed results for December 2024, impacting Fed rate decisions and stock market ...