Bank of America resets interest rate cut forecast after inflation shocker
The decision comes after the central bank trimmed rates three times starting in September 2024, which has pushed down the ...
Producer Price Index: Wholesale Inflation Remained Hot In January
Wholesale inflation has accelerated for five straight months and is currently at its highest level since February 2023. Read more here.
Japan inflation likely hit 17-month-high in January on rising food prices: Reuters poll
Japan's core consumer price inflation likely accelerated in January from the previous month and rose at the joint-fastest ...
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 ...
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 ...
Honolulu Star-Advertiser1d
Dollar falls as data signals lower core inflation ahead
NEW YORK >> The dollar slipped today 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 ...
West Hawaii Today2d
US consumer inflation increases at fastest pace in nearly 1-1/2 years in January
U.S. consumer prices increased by the most in nearly 1-1/2 years in January, with Americans facing higher costs for a range ...
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 ...
MySuncoast.com2d
Fight against inflation appears to have stalled as prices come in hotter than expected
U.S. wholesale prices came in hotter than expected last month with progress against inflation appearing to have stalled, further undercutting expectations for lower interest rates this year.
PPI : U.S. wholesale inflation up more than expected in January at 0.4%
Wholesale Producer Price Index inflation in the United States rose 0.4% in January, according to a Thursday Bureau of Labor ...
Crypto Daybook Americas: Bitcoin Eyes PPI for Post-CPI Guidance on Fed
Analysts expect year-over-year PPI to come in at 3.2%, below December’s 3.3%, with a month-on-month reading of 0.3%, up from ...
WKOW2d
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 ...