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%, ...
The benchmark S&P 500 ( ^GSPC) popped more than 1.8%, while the Dow Jones Industrial Average ( ^DJI) rose more than 1.6%, or ...
US stocks (^GSPC, ^IXIC, ^DJI) closed higher on Wednesday as inflation cooled, with the December CPI report easing concerns.
A relatively benign U.S. reading on consumer price increases triggered a sharp relief rally in stocks and bonds on Wednesday, ...
Thus, today's positive inflation report sparked a "risk-on" rally, including these EV-related stocks. Today, the December ...
Consumer inflation data came in slightly hotter than expected in December. Consumer prices were up 2.9% for the 12 months ended in December as compared to 2.7% in November, according to the latest ...
Stocks soared, and bond yields tumbled after a Fed-friendly US December consumer price report showed an unexpected easing of ...
Today is like a little taste of what the year could be like if everything goes just right. Inflation is cooler, bond yields ...
Bitcoin price is increasingly sensitive to economic developments like the incoming CPI data, which could trigger more ...
The RBA has maintained the Official Cash Rate (OCR) steady at 4.35% since November 2023, claiming inflation needs to “sustainably” return to its target band of 2% - 3% before considering a rate cut.