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 ...
US Inflation Tops Forecasts, Bolstering Case for Fed to Hold
US inflation picked up broadly at the start of the year, further undercutting chances of multiple Federal Reserve ...
Hot PPI reading may have a silver lining for investors, says Global X
That may be a tough pill to swallow for consumers who are looking for some relief, as well as for investors who were hoping to see the Fed cut interest rates sooner rather than later. But there may be ...
Wholesale prices jump to a 3.5 percent annual increase
Wholesale prices moved up 0.4 percent in January to hit a 3.5 percent annual increase, undergirding consumer inflation that broke 3 percent last month for the first time since the second quarter ...
Powell Says New Inflation Data Show Fed Has More Work to Do
Federal Reserve Chair Jerome Powell said the latest consumer price data show that while the central bank has made substantial ...
Inflation Stayed Stubborn in January, Economists Predict
Don’t expect to see much progress on cooling inflation in January’s data. The beginning of the year is typically ripe for ...
U.S. inflation worsened last month with the cost of groceries and gasoline rising
President Donald Trump pledged to reduce prices in last year’s campaign, though most economists worry that his many proposed ...
US wholesale prices remained high last month, a sign progress on inflation may have stalled
US wholesale inflation remained stubbornly elevated last month, another sign that even higher prices could be ahead for ...