Inflation is proving stickier than expected, which could cause Fed to hit pause button on more interest rate cuts.
CPI 'not a green light' for Fed to cut rates soon, says Liesman. Posted: January 15, 2025 \| Last updated: January 15, 2025.
The incoming president is set to inherit three months of rising inflation from his predecessor, the Consumer Price Index ...
Federal Reserve officials said data released on Wednesday showed U.S. inflation was continuing to ease even as they noted ...
Wall Street sees best CPI day since at least late 2023; Goldman Sachs and JPMorgan kick off the new earnings season ...
Consumer price index data for December showed that core price pressures eased more than expected. S&P 500 futures rose as ...
U.S. consumer prices increased slightly more than expected in November as energy costs rose, pointing to an inflation trend ...
US stocks soared as traders cheered encouraging inflation data, while the 10-year Treasury plunged 13 basis points.
In short, December’s CPI figures send mixed signals. Despite last week’s data showcasing strength across the board in the US economy, Wednesday’s CPI release gives no clear evidence that this is ...