Inflation tops forecasts, dimming chances for Fed rate cuts
Economists see the core gauge as a better indicator of the underlying inflation trend than the overall CPI that includes often-volatile food and energy costs. The headline measure rose 0.5% from December and 3% from the year before. The BLS said nearly 30% of the advance was due to shelter.
The US Dollar Index jumped after January CPI data surprises to the upside, fueling expectations of higher rates for a longer ...
Inflation tends to come in higher in January. Still, today’s BLS report indicates that inflation progress has stalled and may ...
Home prices across the country are still rising at a faster clip than overall inflation, causing sticker shock for house ...
The Greenback raced to weekly highs near 108.50 measured by the US Dollar Index (DXY) right after the latest US CPI data hit the wires, propelled further by a strong uptick in US Treasury yields ...
Market Overview Analysis by XM Group (Trading Point) covering: Euro US Dollar, British Pound US Dollar, US Dollar Japanese ...
The producer price index for final demand rose 0.4% last month after an upwardly revised 0.5% gain in December, the Labor ...
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