CPI report: January inflation data complicates Fed plans as soaring egg, energy costs push consumer prices higher
January's Consumer Price Index will serve as the latest test of whether inflation pressures have eased further.
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Hot inflation data sends yields soaring
Inflation is front and center this week, with the consumer price index report released on Wednesday and the producer price index on Thursday.
Can suspending a cage-free egg law solve the soaring price problem? Nevada takes a crack at it
Record high egg prices prompted Nevada lawmakers to unanimously back suspending their cage-free egg law, but the six other ...
Bonds Crushed by CPI as Nasdaq 100 Erases 1% Loss: Markets Wrap
Wall Street traders sent bond yields soaring after hot inflation data spurred bets the Federal Reserve won’t have much room ...
US Dollar books gains after upbeat inflation rattling markets
The US Dollar pops after stronger-than-expected January inflation numbers.
Trump never cared about lowering prices
This week’s Consumer Price Index release showed the largest single-month increase in inflation since August 2023.
Egg prices spike, other food costs rise in newly released consumer data
The cost of food rose in January by 0.4% with eggs seeing the biggest price hike they've seen in nearly 10 years, according ...
Nasdaq Ekes Out a Gain After Hot Inflation Report
The Nasdaq managed to eke out a small gain on a trading day marked by a high inflation report and soaring bond yields. The Dow fell 225 points, or 0.5% and the S&P 500 was down 0.3%. The tech-heavy ...
January inflation data complicates Fed plans as soaring egg, energy costs push consumer prices higher
New inflation data out Wednesday showed consumer prices rose more than forecast in January as core prices reversed last month's easing with the Federal Reserve's path forward in focus. The latest data ...