Inflation is proving stickier than expected, which could cause Fed to hit pause button on more interest rate cuts.
A relatively benign U.S. reading on consumer price increases triggered a sharp relief rally in stocks and bonds on Wednesday, ...
The Consumer Price Index rose 2.9 percent from a year earlier, but a measure of underlying inflation was more encouraging.
Bitcoin price is increasingly sensitive to economic developments like the incoming CPI data, which could trigger more ...
The consumer price index, an inflation gauge, rose 2.9% on an annual basis in December 2024 on the back of higher food and ...
The latest inflation report slashed the risk that the Fed could go back to hiking interest rates this year, Wall Street ...
The incoming president is set to inherit three months of rising inflation from his predecessor, the Consumer Price Index ...
The dollar weakened against major peers on Wednesday after cooler-than-expected data eased fears that inflation was ...