Fed’s Barkin Says CPI Data Show Inflation Headed Toward 2% Goal
Federal Reserve Bank of Richmond President Tom Barkin said fresh inflation data show the central bank continues to see ...
Inflation rises for third month to 2.9% in December. What it 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 ...
New inflation reading likely keeps the Fed on pause for now
Fresh inflation data released Wednesday is likely to keep the Federal Reserve on pause during its next policy meeting this ...
Inflation report shows upsurge days before Trump takes office
An inflation report to be released on Wednesday will provide an update on the issue raised by many Americans as their top ...
US inflation picked up in December but underlying price pressures eased
U.S. inflation accelerated last month as prices for gas, eggs, and used cars rose, yet underlying price pressures also showed ...
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Core CPI Inflation Eases; S&P 500 Rallies As Fed Rate-Cut Hopes Brighten
However, stubbornly high inflation still presents a tough challenge for the Federal Reserve and the S&P 500 as ...
Stock market today: Dow, S&P 500, Nasdaq soar as inflation cools, bank earnings shine
The 10-year Treasury yield ( ^TNX) dropped over 12 basis points to trade around 4.66% after the cooler-than-expected reading.
Fed's Barkin Says Latest CPI Data Shows Price Pressures Continue to Ease
ANNAPOLIS, Maryland (Reuters) - U.S. inflation data for December indicates price pressures are continuing to ease, Richmond ...
CPI data should quiet critics of Fed's December rate cut: Nikko Asset
While Wednesday's CPI data may not soothe concerns about inflation risks under the Trump administration, it "should quiet the tut-tutting of armchair central bankers who had criticized the Fed's ...
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Consumer inflation rose 2.9% in 2024 as US lost some progress near end of year
Consumer inflation increased 2.9% in 2024, which is above the Federal Reserve's goal of 2%, but wages overall more than kept ...
Easing Core Inflation Boosts Markets. Why It Doesn't Help Consumers Much—or the Fed.
The end of 2024 proved to be a mixed bag when it comes to inflation. Energy prices surged in December and food inflation levels remained more elevated than the summer—which likely left many consumers ...