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CPI inflation report and what it means for US economy
What the new inflation report means for mortgage rates
A fter several months of hopeful signs in the battle against inflation, new data confirms that the fight is far from over. Inflation rose 2.9% on an annual basis in December, whic
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 up 2.9% year-over-year in latest CPI report
The latest consumer price index report shows inflation rose 2.9% year-over-year in December, marking three months of consecutive increases. Experts are warning of delays in interest rate cuts and possibly even rate hikes.
Trump, Inflation
Inflation report shows upsurge days before Trump takes office
The fresh data arrives after a jobs report last week showed stronger-than-expected hiring in December, which sent the stock market plummeting and bond yields soaring on fears that the Federal Reserve may delay long-forecasted interest rate cuts.
Consumer price growth rose in December, a sign Trump will inherit stubborn inflation as he takes office
Consumer price growth ticked up in December, a sign President-elect Donald Trump will inherit the inflation issues that dogged the Biden administration as he re-takes the White House next week.
Trump's policies won't push up inflation, economic advisor says
Donald Trump's policies are not likely to cause inflation to reignite as many analysts fear, one of the president-elect's longtime economic advisors told AFP Tuesday, less than a week before
Wall Street, inflation
Wall Street rips higher on inflation data and strong bank profits
The report said overall inflation accelerated to 2.9% from 2.7% in November. Although no one wants higher inflation, the numbers were more encouraging underneath the surface. After ignoring prices for food and energy,
Wall Street soars on record bank profits and cooling inflation
US stocks surged higher Wednesday after an encouraging inflation report and blockbuster profits for some of America’s biggest banks.
Stock market today: Wall Street jumps after encouraging inflation report and strong bank profits
U.S. stocks are rallying Wednesday after Wall Street and financial markets worldwide got a shot of adrenaline from an encouraging update on U.S. inflation. Strong profit reports from the biggest U.S.
6h
Dow surges 700 points, S&P 500 posts best day since November after tame inflation report: Live updates
Stocks surged on Wednesday after the latest consumer price index report showed core inflation unexpectedly slowed in December ...
6h
FTC report shows $7.3 billion in drug price inflation by leading pharmacy benefit managers
From 2017 to 2022, the companies marked up prices at their pharmacies by hundreds or thousands of percent, netting them $7.3 ...
13h
Morning Bid: Inflation offers crumbs of comfort, big banks report
Reuters, the news and media division of Thomson Reuters, is the world’s largest multimedia news provider, reaching billions ...
3h
on MSN
Stock market’s relief rally after inflation report will hinge on Trump policies, bond yields
Investors await details of fiscal and tax policies under Trump’s second term — and the 10-year Treasury yield’s response.
1d
Tomorrow’s Inflation Report Could Change Everything
InvestorPlace - Stock Market News, Stock Advice & Trading Tips Wholesale inflation comes in below forecasts … the 10-year ...
9h
Services Inflation Remained Fairly Stable
Healthy employment conditions and wage growth continue to outpace inflation, but that’s not creating any additional ...
16h
The Inflation Data Don't Move the Needle for a Fed on Hold
Wednesday's inflation report doesn't do much to change the outlook for a Federal Reserve that was already taking a break from cutting interest rates. Higher food and gas prices in December drove the ...
5h
Fed officials say latest inflation data helpful as they await Trump policies
Federal Reserve officials said data released on Wednesday showed U.S. inflation was continuing to ease even as they noted ...
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