S&P 500 ends down as hot US inflation data hints at fewer rate cuts
The S&P 500 ended down on Wednesday after a hotter-than-expected U.S. inflation reading added to worries that the Federal Reserve would not cut interest rates anytime soon, while CVS Health and Gilead Sciences rallied after upbeat quarterly reports.
U.S. producer prices increased solidly in January, offering more evidence inflation was picking up again and strengthening ...
US CPI inflation data will be released today at 13h30 GMT time. Markets are paying close attention to today's release following a significant uptick in inflation expectations revealed in last week's ...
That could hamper the Federal Reserve’s goal of bringing inflation down to 2%. Fed officials have said consumers’ ...
January's Consumer Price Index will serve as the latest test of whether inflation pressures have eased further.
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4.8%. That’s how much the U.S.’ weighted average tariff rate would be if Trump implemented the country-level strategy, ...
Experian examined representative and anonymized credit data through Q3 2024 to identify trends within average and total debt ...
Recently, progress on inflation ... in the markets. US stocks spiked Wednesday morning, as the CPI report boosted traders’ hopes that the Federal Reserve will continue its rate-cutting campaign ...
Inflation, the rate of price increases, has come down significantly in the US since 2022 ... to put a January rate cut back on the table, it strengthens the case that the Fed's cutting cycle ...
The consumer price index rose 3% on the year in January 2025. Economists worry that broad disinflation is over, even as ...
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