On Wednesday, it got unstuck. The closely watched core measurement of the Consumer Price Index slowed for the first time in months, according to Bureau of Labor Statistics data released Wednesday.
U.S. Treasury yield was higher as investors assessed consumers' elevated inflation expectations and a pickup in January wage growth.
U.S. consumer sentiment dropped unexpectedly in ... and marked just the fifth time in 14 years it has jumped as much. The surge is likely to be seen as an unwelcome development by Federal Reserve ...
Consumer sentiment in the U.S. has unexpectedly deteriorated in the month of February, according to preliminary data released by the ...
The surge in consumer prices in fiscal 2023 swelled the accounting books of companies but failed to fatten the wallets of workers with higher pay. The conclusion came from a study into the so ...
Egg prices rise due to bird flu and holiday demand, but experts say supply will rebound as conditions improve.
LONDON (Reuters) - Global arabica coffee prices hit record highs above $3.60 per lb on Wednesday as Brazil, by far the ...
Explore the impact of soaring cocoa prices on chocolate makers, consumer demand, and Easter product launches in 2025.
The Consumer Prices Index (CPI) rose by 2.6pc in November, up from 2.3pc growth in October and well in excess of the Bank’s 2pc target. Mr Wood said: “Pay growth is declining only gradually ...
Last month, the consumer price inflation rate rose back to the 2% range for the first time in five months. The Bank of Korea ...