The Consumer Price Index report for January is expected to show broadly unchanged annual inflation according to nowcasts.
The RBA has maintained the Official Cash Rate (OCR) steady at 4.35% since November 2023, claiming inflation needs to “sustainably” return to its target band of 2% - 3% before considering a rate cut.
Inflation is proving stickier than expected, which could cause Fed to hit pause button on more interest rate cuts.
In light of this decline, the recent rebound from 0.6131 to last Friday's high of 0.6330 appears more corrective than ...
The benchmark S&P 500 ( ^GSPC) popped more than 1.8%, while the Dow Jones Industrial Average ( ^DJI) rose more than 1.6%, or ...
The closely scrutinized monthly consumer-price index is due at 8:30 a.m. ET. Here are some key points to know ahead of the ...
Excluding food and energy, core CPI gained 0.2% from a month earlier, after increasing 0.3% in each of the previous four months. The latest print slightly trailed the +0.3% consensus and the prior ...
On Wednesday, it got unstuck. The closely watched core measurement of the Consumer Price Index slowed for the first time in months, according to Bureau of Labor Statistics data released Wednesday.
Bitcoin nears $100K as cooling core inflation in better-than-expected CPI data fuels optimism for a June rate cut.
The Consumer Price Index increased 0.4% in December, compared to the previous month, the Bureau of Labor Statistics reported ...
As inflation and Fed policy take center stage, institutional flows and macro conditions could shape Bitcoin’s path to ...