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 Reserve would not cut interest rates anytime soon, while CVS Health and Gilead Sciences rallied after upbeat quarterly reports.
US CPI inflation data will be released today at 13h30 GMT time. Markets are paying close attention to today's release following a significant uptick in inflation expectations revealed in last week's ...
That could hamper the Federal Reserve’s goal of bringing inflation down to 2%. Fed officials have said consumers’ ...
January's Consumer Price Index will serve as the latest test of whether inflation pressures have eased further.
Tariffs are a central part of Trump's economic plans. He promised to introduce import duties against some of America's main ...
US Inflation ... read on where inflation is headed. The figures arrive just two days after Federal Reserve officials, led by Chair Jerome Powell, decided to pause their interest rate cuts in ...
the annual increase in the so-called core inflation has not slowed since October. The disinflation progress stalled in the fourth quarter. The U.S. central bank kept rates unchanged on Wednesday ...
US inflation probably worsened last month on the back of higher prices for gas, eggs, and used cars, a trend that could make it less likely that the Federal Reserve will cut its key interest ...
US wholesale inflation remained stubbornly elevated last month, another sign that even higher prices could be ahead for ...
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