US stocks soared as traders cheered encouraging inflation data, while the 10-year Treasury plunged 13 basis points.
Inflation is proving stickier than expected, which could cause Fed to hit pause button on more interest rate cuts.
U.S. inflation data for December indicates price pressures are continuing to ease, Richmond Federal Reserve President Thomas ...
The stock market was rallying broadly on Wednesday, but Goldman Sachs was giving the Dow a big boost. With the Dow up 657 ...
Bitcoin rose modestly early Wednesday after investors reacted to the latest U.S. inflation reading. The world’s largest ...
Consumer Price Index (CPI) indicates a 2.9% annual increase, up from 2.7% in November, aligning with market expectations.
U.S. government debt aggressively rallied after the monthly core inflation reading from Wednesday’s consumer-price index for December came in softer than expected, pushing yields across the Treasury c ...
Bitcoin nears $100K as cooling core inflation in better-than-expected CPI data fuels optimism for a June rate cut.
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 ...
The 10-year Treasury yield ( ^TNX) dropped over 12 basis points to trade around 4.66% after the cooler-than-expected reading.
In short, December’s CPI figures send mixed signals. Despite last week’s data showcasing strength across the board in the US economy, Wednesday’s CPI release gives no clear evidence that this is ...
While the overall consumer price index rose, the core measure that omits food and energy costs was below estimates.