The dollar weakened against major peers on Wednesday after cooler-than-expected data eased fears that inflation was ...
Inflation in the U.S.is “moving toward our goal of 2%,” but recent progress has been “choppy” and “it will take more time” to achieve success, the president of the New York Federal Reserve said ...
That sound you heard coming from Wall Street on Wednesday? A huge sigh of relief following strong earnings from Dow ...
Investors were cheering the latest consumer-price index report, which that showed core inflation unexpectedly slowed in December, putting U.S. stocks on pace for their best CPI day in at least 14 ...
The consumer price index, an inflation gauge, rose 2.9% on an annual basis in December 2024 on the back of higher food and ...
Federal Reserve Bank of Richmond President Tom Barkin said fresh inflation data show the central bank continues to see ...
Major U.S. indices surged Wednesday after consumer inflation came in lower than expected, and major banks posted strong ...
The end of 2024 proved to be a mixed bag when it comes to inflation. Energy prices surged in December and food inflation levels remained more elevated than the summer—which likely left many consumers ...
Fresh inflation data released Wednesday is likely to keep the Federal Reserve on pause during its next policy meeting this ...
U.S. government debt aggressively rallied after the monthly core inflation reading from Wednesday's consumer-price index for December came in softer than expected, pushing yields across the Treasury ...
However, stubbornly high inflation still presents a tough challenge for the Federal Reserve and the S&P 500 as ...