US producer inflation trends higher; labor market remains stable
U.S. producer prices increased solidly in January, offering more evidence inflation was picking up again and strengthening ...
US inflation rises broadly, further denting rate cut prospects
Higher prices for car insurance, airfares and a record monthly increase in the cost of prescription drugs paced the rise core ...
Inflation heats up more than expected in January CPI
Consumer Price Index rose 0.5%, accelerating from +0.4% in December and hotter than the +0.3% consensus, according to data released by the U.S. Bureau of Labor Statistics on Wednesday ...
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Latest PCE inflation report would justify first-half Fed rate cut: CMC
An earlier reading from the CPI had showed a modest retreat in the year-over-year core rate. By contrast, the year-over-year reading for PCE was steady at 2.8% for the third straight month.
U.S. producer inflation trends higher; labour market remains stable
Thursday’s data strengthen financial market views that the Federal Reserve would not be cutting interest rates before the ...