Dollar dips as inflation data points to lower core PCE
The dollar slipped on Thursday after components of January’s producer price report pointed to lower inflation, and fell ...
Key part of PPI report suggests Fed’s favorite inflation barometer won’t run as hot
Even though wholesale prices surged in January, some costs, such as for healthcare, insurance and plane tickets, were lower than expected. As a result, Wall Street has lowered its forecast for the ...
Inflation Festers In Core Services, PCE Price Index Accelerates For 3rd Month: Justifies Fed's Pivot To Wait-And-See
The PCE price index accelerated for the third month in a row, to 2.6% year-over-year in December, the worst increase since ...
Investors, Fed Officials Will Scrutinize Producer Price Index for Inflation Progress
The consensus estimate is a 0.2% rise in the producer price index in January, which would match the increase in December.
US tariffs timeline delay sparks dollar slump, may lift rupee
The Indian rupee is poised to open slightly higher on Friday, tracking an uptick in its Asian peers on relief that U.S.
Business Recorder15h
Dollar dips after PPI data
NEW YORK: The dollar slipped on Thursday after components of January’s producer price report indicated that core PCE ...
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S&P 500 Soars Amid Tariff Talks and Market Optimism
The S&P 500 rose as Nvidia, Apple, and Tesla stocks surged, following President Trump's tariff roadmap. U.S. producer prices ...
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Core PCE Holds at 2.8%—Will Sticky Inflation Delay Fed Rate Cuts?
PCE price index increased 0.3% monthly and 2.6% annually, keeping inflation above the Federal Reserve’s 2% target. Core PCE inflation, the Fed’s preferred measure, climbed 2.8% year-over-year ...
Free Malaysia Today17h
Dollar slips as inflation data signals lower core producer prices
NEW YORK : The dollar slipped on Thursday after components of January’s producer price report pointed to lower inflation, and fell further after the White House said that reciprocal tariffs on other ...
Morning Bid: Wall St rallies as hot PPI looks cooler under surface
Reuters, the news and media division of Thomson Reuters, is the world’s largest multimedia news provider, reaching billions ...
PPI points to marginally cooler reading for Fed’s favored inflation gauge, helping pull down Treasury yields
A hotter-than-expected January producer-price index following Wednesday's too-warm-for-comfort consumer price index won't dispel jitters over sticky inflation. But investors appeared to be taking ...