US consumer prices post largest gain in nine months; underlying inflation slowing
U.S. consumer prices increased by the most in nine months in December amid higher costs for energy goods, pointing to ...
US Consumer Inflation Rises To 2.9% In December: Govt
US consumer inflation rose for a third straight month in December, according to government data published Wednesday, adding pressure on the Federal Reserve to pause rate cuts.
Why stocks are bonds are on a tear today
US stocks soared as traders cheered encouraging inflation data, while the 10-year Treasury plunged 13 basis points.
CPI inflation report and what it means for the US economy
Managing partner and Chief Investment Officer of the Armstrong Advisory Group, Chuck Zodda breaks down this week's financial ...
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December inflation data puts future Fed cuts to bed
Despite aggressive interest rate hikes by the Fed aimed at curbing inflation, the CPI's decline in yearly growth has been ...
Why XRP Is Skyrocketing Today
XRP (CRYPTO: XRP) is posting big gains in Wednesday's trading. The cryptocurrency was up 12.6% over the previous 24 hours of trading as of 11:30 a.m. ET. Meanwhile, Bitcoin was up 3%, and Ethereum was ...
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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 ...
Stock Market Today: Dow, S&P 500 and Nasdaq surge after softer-than-forecast core CPI, bond yields fall; JPMorgan, Goldman launch earnings season
Wall Street sees best CPI day since at least late 2023; Goldman Sachs and JPMorgan kick off the new earnings season ...
BofA says Fed's rate cuts are over with inflation stuck above 2%
A team of economists and strategists at BofA Securities is holding on to its view that the Federal Reserve's interest-rate-cutting cycle is done, considering that the labor market is stabilizing ...