CNBC Daily Open: Muted CPI gives markets best day since November
Cooler-than-expected inflation readings and positive bank earnings provided a string of good news for bulls after a dismal ...
Binance BTC open interest jumps $500M hours after ‘favorable’ US inflation data
CryptoQuant contributor Burakkesmeci said the crypto market experienced a “strong rally” as US inflation data “painted a ...
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.
US consumer inflation rises in December but underlying pressures ease
US consumer inflation rose for a third straight month in December as energy prices jumped but a widely watched measure eased ...
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.