CPI edged higher in December, complicating the Fed's upcoming decision on rate cuts
Inflation is proving stickier than expected, which could cause Fed to hit pause button on more interest rate cuts.
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.
VIEW Dec CPI rises a touch above expectations, keeps Fed on track
U.S. consumer prices increased slightly more than expected in November as energy costs rose, pointing to an inflation trend that lines up with the Federal Reserve's view for a slower path of rate cuts this year.
CPI Inflation Report: What to Expect—and How the Release Will Affect the Fed and Interest Rates
The Bureau of Labor Statistics is set to release the consumer price index report for December at 8:30 a.m. Eastern time on Wednesday. What the inflation data will mean for the Fed and interest rates.
Core CPI report offers 'some relief' that could allow the Fed to cut rates in 2025, analyst says
Wednesday's softer-than-expected core CPI number offers some relief to the Federal Reserve, especially after last week's hot employment report, that could allow interest-rate cuts to remain on the table in 2025,
December CPI Report: What to Expect From Inflation Data
The closely scrutinized monthly consumer-price index is due at 8:30 a.m. ET. Here are some key points to know ahead of the report: Economists expect annual inflation to come in at 2.9% as of December,
Girard: The CPI data will impact expectations for the Fed over the course of 2025
Michelle Girard, head of U.S. at NatWest Markets, discusses expectations for today's inflation data, and how that could shift the Fed's narrative on rate cuts this year.
Stock Market News: Dow Set to Open Up Ahead of the CPI Inflation Report
Dow, S&P 500, and Nasdaq futures are rising in premarket trading Wednesday as the stock market braces for the latest CPI inflation report and earnings from several big U.S. banks.
Stock market today: Dow jumps 700 points, Nasdaq soars 2.5% after cool CPI reading
The benchmark S&P 500 ( ^GSPC) popped more than 1.8%, while the Dow Jones Industrial Average ( ^DJI) rose more than 1.6%, or ...
Stock Market Today: Dow, S&P 500 and Nasdaq surge after softer-than-forecast core CPI, bond yields fall; JPMorgan, Goldman launch earnings season
Wall Street sees best CPI day since at least late 2023; Goldman Sachs and JPMorgan kick off the new earnings season ...
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Consumer Price Index increased 0.4% in December, Labor Department
The Consumer Price Index increased 0.4% in December, compared to the previous month, the Bureau of Labor Statistics reported ...
Core CPI rises less than forecast as inflation pressures ease slightly in December
New data from the Bureau of Labor Statistics out Wednesday showed that a key inflation metric eased for the first time since ...
CPI Slows; Bank Earnings Show Growth And Rising Expectations For 2025
Inflation data this week has come in below forecasts. Earnings season is off to a solid start. Is this the medicine the ...
Mixed CPI Data For December
A jump in energy prices was primarily responsible for the increase in the overall CPI, especially energy commodities (fuel ...
Dow Jones Today: Stocks Surge, Treasury Yields Slide After Soft CPI Data Boosts Rate-Cut Hopes; Banks Rise on Strong Earnings
Stocks soared Wednesday as investors digested strong earnings reports from several large financial services companies and ...
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 ...
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Consumer price inflation, UK: December 2024
The annual inflation rate for housing and household services was 6.0% in December 2024, up from 5.8% in November. This ...
CPI Inflation Ticked Up To 2.9% In December—Highest Since July As Economists Note Stalling Progress
Progress on inflation should stall this year” as fiscal, immigration and trade policies shift, caution Bank of America ...