The S&P 500 dropped 0.3% on Wednesday, Feb. 12, as hotter-than-expected inflation data in the January CPI report weighed on the interest rate outlook.
Today’s inflation figures reduce the already low chances of the Fed easing at the next FOMC meeting in March. Click to read.
U.S. government debt aggressively sold off on Wednesday, pushing 10-and 30-year yields up for a fifth straight session, after the consumer-price index for January came in higher than expected and ...
“Core” C.P.I., which more closely reflects underlying inflation by removing volatile food and energy prices, also showed ...
President Trump Wednesday blamed Biden for a hot inflation report and called for lower interest rates. The Fed is likely to ...
On Wednesday the Labor Department is expected to report that in January the consumer price index rose 2.9% from a year ago, ...
Inflation is rising at its fastest rate in over a year and a half, causing experts to predict that the Federal Reserve will ...
New and used car prices were mixed to start the year in January’s Consumer Price Index (CPI) reading, but used prices continued trending higher, with January’s jump the largest since May 2023.
Higher inflation readings reported on Wednesday left Federal Reserve officials telling U.S. lawmakers, business executives ...
The Bureau of Labor Statistics reported Wednesday that the CPI rose 3.0% on an annual basis in January compared to the same month last year, an uptick from 2.9% in December. On a monthly basis, the ...
A key inflation report came in hotter than expected on Wednesday, adding strength to the narrative that inflation is going to ...
The latest Consumer Price Index report shows inflation ticked up to 3% in January from a year ago, a slight rise from the ...