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CPI inflation report and what it means for US economy
CPI inflation report and what it means for the US economy
Managing partner and Chief Investment Officer of the Armstrong Advisory Group, Chuck Zodda breaks down this week's financial news including the CPI Inflation report.
Latest CPI Inflation Report Makes January Fed Rate Cut Very Unlikely
Consumer Price Index showed an acceleration to 2.9%, the highest rate since July. With such high inflation, the Fed is unlikely to cut rates in January.
Inflation rose to 5-month high in December. What that means for Fed rate cuts.
Annual inflation ticked up for a third straight month in December as food, energy costs rose, CPI report showed. But underlying price measure eased.
Markets celebrate cool CPI, and bank earnings
Traders mark time ahead of US CPI, bank earnings
Global markets treaded water on Wednesday ahead of U.S. consumer price data that could potentially lower the possibility for a rate cut this year, while investors waited to see if earnings of big banks would match sky-high expectations.
CNBC Daily Open: Markets celebrate cool CPI, and bank earnings
Cooler-than-expected inflation readings and positive bank earnings provided a string of good news for bulls, after a dismal start of the year.
Stocks Open Sharply Higher After CPI Report, Big Bank Earnings
An encouraging update on core consumer price inflation and a solid start to earnings season combined on Wednesday to send stocks flying and yields falling. The Nasdaq Composite surged 1.7%. The reading should help the Fed be a little more dovish heading into its January 28-29 policy meeting,
20h
on MSN
Yen firms on BOJ talk, sterling calmer on CPI, but US data still to come
Japan's yen strengthened on Wednesday on growing bets on a rate hike at the Bank of Japan's next meeting, while cooling ...
1d
on MSN
US stocks surge after latest inflation report shows progress on price hikes
Consumer inflation data came in slightly hotter than expected in December. Consumer prices were up 2.9% for the 12 months ended in December as compared to 2.7% in November, according to the latest ...
20h
US inflation ticks up again — but Dow surges as key Fed gauge dips
The better-than-expected data sent the blue-chip Dow Jones Industrial Average surging more than 700 points, or 1.7%, as ...
1d
Gold edges up on soft inflation print, US CPI in focus
Gold prices extended gains on Tuesday after U.S. inflation data came in slightly weaker than expected, giving investors faint ...
17h
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 ...
The Financial Express
1d
All eyes on US CPI data ahead of next FOMC meeting
All eyes are on US inflation data to be released today. The US Bureau of Labor Statistics is set to release its December CPI ...
1d
Most Gulf markets end higher ahead of US CPI
Most stock markets in the Gulf ended higher on Wednesday ahead of highly anticipated U.S. consumer price index data, which ...
10h
on MSN
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 ...
1d
Bitcoin Price Forecast: BTC recovers ahead of US CPI data release
Bitcoin (BTC) continues its recovery, trading above $97,000 on Wednesday after retesting its key psychological level at ...
23h
US consumer prices post largest gain in nine months; underlying inflation slowing
U.S. consumer prices increased by the most in nine months in December amid higher costs for energy goods, pointing to ...
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inflation
United States
Federal Reserve System
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