Cooler-than-expected inflation readings and positive bank earnings provided a string of good news for bulls after a dismal ...
The latest U.S. Consumer Price Index (CPI) report has drawn varied responses from Wall Street, influencing Federal Reserve ...
Gas prices rose sharply, but investors homed in on a small decline in the core CPI.
The consumer price index increased by 2.9 percent in December from a year earlier, the Labor Department reported Wednesday, ...
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 ...
Inflation is proving stickier than expected, which could cause Fed to hit pause button on more interest rate cuts.
A key measure of consumer prices rose less than expected in December, perhaps calming at least temporarily fresh worries ...
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.
U.S. consumer prices rose in December by less than forecast, a welcome stepdown that helped arrest a deep selloff in bond ...
Analysis of CPI inflation data shows mixed results for December 2024, impacting Fed rate decisions and stock market ...
The Consumer Price Index rose 2.9 percent from a year earlier, but a measure of underlying inflation was more encouraging.
The Dow jumped 700 points and the Nasdaq gained more than 2% as investors cheered encouraging inflation data and a strong ...