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 ...
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 heats up to 3% for first time since June
It’s not just eggs. Many commonly purchased goods and services got more expensive in January, driving inflation in the wrong ...
January CPI Inflation Accelerates, Potentially Delaying Any Rate Cuts
Consumer Price Index inflation rose 0.5% month-on-month, likely incrementally delaying any Federal Reserve plans for interest ...
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 ...
What’s propping up inflation? Blame housing
Home prices across the country are still rising at a faster clip than overall inflation, causing sticker shock for house ...
Treasury yields consolidate above 4.5% ahead of CPI inflation report
The U.S. consumer price index for January will be released at 8:30 a.m. Eastern on Wednesday. Economists expect headline annual CPI inflation of 2.8%, down a touch from January’s 2.9%. However, that ...
Stock Market Today: Dollar Weakens; Index Futures Little Changed
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