The Consumer Price Index report for January is expected to show broadly unchanged annual inflation according to nowcasts.
Inflation in the US, as measured by the change in the Consumer Price Index (CPI), rose 2.9% on a yearly basis in December from 2.7% in November, the US Bureau of Labor Statistics (BLS) reported on ...
03 Feb 2025 15:28:27 GMT The US Dollar faced renewed pressure after mixed economic data. Core CPI m/m rose 0.2%, falling short of the 0.3% forecast, while CPI y/y remained steady at 2.9%.
The incoming president is set to inherit three months of rising inflation from his predecessor, the Consumer Price Index shows.
An inflation gauge closely watched by the Federal Reserve rose slightly last month, the latest sign that some consumer prices ...
The Bureau of Labor Statistics reported that the Consumer Price Index rose 2.9% in December from year-ago levels, an uptick from November’s 2.7% rate. Year-over-year core CPI (which excludes ...
US stocks spiked Wednesday morning, as the CPI report boosted traders’ hopes that the Federal Reserve will continue its rate-cutting campaign this year. The Dow was up by almost 700 points in ...
US consumer prices rose in December by less than forecast, reinvigorating bets that the Federal Reserve will cut interest rates sooner than previously thought. Bloomberg Television guests weigh in on ...
TOKYO (Reuters) - Bank of Japan Governor Kazuo Ueda said on Tuesday the central bank will aim to achieve 2% inflation, as ...