Hot Jan US CPI Surprise Hurts Case for Fed Ease

History shows January CPI readings are prone to coming in hotter than expected
It's less than half an hour to the January consumer-price-index reading, and investors should be aware of the data's tendency to run a little hotter than expected as the new year gets under way. The consumer-price index and its more closely followed core reading,
CPI Inflation Was Higher Than Expected In January
Inflation rose unexpectedly in January, with the Consumer Price Index rising 3% over the last 12 months, up from 2.9% in December. Forecasters had expected inflation to slow down, but prices for food, gas, and housing pushed the inflation rate out of the 2% range for the first time since May.
Hot Jan US CPI Surprise Hurts Case for Fed Ease Soon
Today’s stronger than expected CPI release is likely to further cement the FOMC’s cautious approach to easing. A resilient labor market also provides scope for patience. We
Hot Jan US CPI surprise argues for Fed staying in neutral
The U.S. consumer price index increased more than expected in January, reinforcing the Federal Reserve's message that it was in no rush to resume cutting interest rates amid growing uncertainty over the economy.
January CPI data on deck: Here's what to expect
Veronica Clark, Citi economist, joins 'Squawk Box' to preview what to expect from today's January's CPI data, state of the economy, impact on the Fed's inflation fight, latest market trends, and more.
Hot CPI Data, AGI Breakthroughs, and the Crypto Market
CPI inflation surprises to the upside … the latest twist in the battle for OpenAI … the far bigger story underneath the ...
January CPI Data: The Fed Should Be In A Hurry To Pause Rates
CPI data shows rising inflation at 0.5% MoM, 3.0% YoY. Market reacted with Treasury yields up, equity futures down. Click for ...
CPI Report Today: Dow Futures Edge Down Ahead of Inflation Data
Follow along for live updates on stocks and other markets, including the Dow Jones Industrial Average, S&P 500 and Nasdaq Composite.
'Jarring' CPI data makes rate hikes 'seem less inconceivable', says major Wall Street bank
January's hot CPI inflation report increases "our conviction that the cutting cycle is over" for the Federal Reserve, said a team of economists and strategists at BofA Securities. Calling Wednesday's ...
Forbes6d
Next CPI Inflation Report Could Improve 2025 Fed Rate Cut Expectations
These market moves appear to have ignored the potential for the January Consumer Price Index inflation report ... topped off a week of solid economic data and rising fears about forthcoming ...
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CPI edged higher in December, complicating the Fed's upcoming decision on rate cuts
Last month's CPI was forecast to come in at 2.8%, according to economists surveyed by financial data firm FactSet. The Consumer Price Index, a basket of goods and services typically bought by ...
Morningstar1mon
December US CPI Report Shows Inflation at a 2.9% Annual Rate
The Bureau of Labor Statistics reported that the Consumer Price Index rose 2.9% in December from year-ago levels, an uptick from November’s 2.7% rate. Year-over-year core CPI (which excludes ...
FXEmpire.com7d
December CPI Data: Inflation Moderates to 2.9%, Core Inflation Eases
December CPI shows 0.4% monthly rise; annual inflation hits 2.9%. Core inflation slows to 3.2%, signaling easing pressures. Energy costs surged 2.6% in December, led by a 4.4% spike in gasoline ...
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Mixed CPI Data For December
The overall Consumer Price Index increased by 0.4 percent for December ... make policy changes in the basis of a single month’s data (including the most recent employment report).