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.
Progress on inflation should stall this year” as fiscal, immigration and trade policies shift, caution Bank of America ...
U.S. consumer prices increased slightly more than expected in November as energy costs rose, pointing to an inflation trend ...
There have been some troubling signs of inflation expectations picking up. The University of Michigan’s gauge of consumer ...
Most stock markets in the Gulf ended higher on Wednesday ahead of highly anticipated U.S. consumer price index data, which ...
Gold prices extended gains on Wednesday, as the dollar dipped after U.S. core inflation data came in softer than expected, ...
The cost of living rose more in December than the month before, as rising energy costs hurt household budgets and stoked ...
A key measure of consumer prices rose less than expected in December, perhaps calming at least temporarily fresh worries ...
Financial writer analyzes December CPI report showing inflation above target, speculates on future trajectory and Federal ...