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 ...

US consumer prices rose in December by less than forecast, reinvigorating bets that the Federal Reserve will cut interest rates sooner than previously thought. Bloomberg Television guests weigh in on ...

The Federal Reserve left interest rates unchanged on January 29, and an interest rate cut is unlikely when the Fed issues its ...

Japan's yen strengthened on Wednesday on growing bets on a rate hike at the Bank of Japan's next meeting, while cooling British inflation offered relief to the pound, but traders were reluctant to buy ...

The dollar index (DXY00) today is down by -0.31%. The dollar tumbled today as T-note yields dropped on the Fed-friendly US Dec CPI report that showed an unexpected easing of core inflation. Also, ...

Entering 2025, models from forecasting companies like Trading Economics anticipate inflation rates between 2.4% and 2.9% ...

U.S. consumer prices rose in December by less ... After months of elevated prints, the easing in the CPI helps restart the conversation that inflation progress has resumed — but Fed officials ...

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 inflation. Also, Wednesday’s report showed that ...

The U.S. dollar index, which measures the currency against the yen and five other major peers, rose slightly to 106.38, after reaching a one-week high of 106.63 in the previous session.