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inflation, consumer price index
Inflation Rises Again, Hitting 2.9% in December
Markets cheered a December inflation report that suggested underlying price pressures are easing, but the Federal Reserve still isn’t likely to cut interest rates anytime soon given President-elect Donald Trump’s plans for the economy.
Energy and food prices drove inflation in December
The Labor Department's inflation report for the month of December showed that food and energy prices were the primary drivers of stubborn inflation experienced by consumers.
US Inflation Rises to 2.9% in December, as Gas and Egg Prices Drive Uptick
The consumer price index (CPI) rose 2.9 percent year-over-year in December, the largest annual increase since July. When stripping out the more volatile food and energy sectors, core inflation slowed to 3.2 percent, from 3.3 percent.
Inflation, Stocks
Inflation revival persists as market risk despite CPI-fueled rally
A relatively benign U.S. reading on consumer price increases triggered a sharp relief rally in stocks and bonds on Wednesday, but traders and investors warn that markets are likely to remain anxious about the pace of inflation.
US Stocks Pop On Inflation Data, Strong Earnings
US stocks jumped Wednesday, reversing a recent decline as traders responded enthusiastically to strong bank earnings and data indicating a slowdown in underlying inflation.
Stock markets get boost from bank earnings, inflation data
Stock markets surged on Wednesday, buoyed by robust US bank earnings and encouraging inflation data from the United States and Britain.
Fall in Gilt Yields
TSX rises as U.S. inflation data lifts hope for more Fed rate cuts
Canada's main stock index rose on Wednesday as investors welcomed a U.S. inflation print that lifted hopes for more rate cuts this year by the Federal Reserve. The Toronto Stock Exchange's S&P/TSX composite index was up 0.
Fall in Gilt Yields After U.K. Inflation Data Could Lift Sterling
Sterling rose against the dollar and could get some relief from the fall in U.K. government bond yields after lower-than-expected U.K. inflation data, MUFG Bank said.
Dollar Falls to 1-Week Low Ahead of U.S. Inflation Data
The dollar fell to a one-week low as investors turned cautious ahead of U.S. inflation data later. U.S. inflation is expected to accelerate to 2.9% year over year in December but core inflation is seen unchanged at 3.
5h
on MSN
New inflation reading likely keeps the Fed on pause for now
Fresh inflation data released Wednesday is likely to keep the Federal Reserve on pause during its next policy meeting this ...
6h
Inflation report shows upsurge days before Trump takes office
The fresh data arrives after a jobs report last week showed stronger-than-expected hiring in December, which sent the stock ...
1h
on MSN
Bitcoin reaches $100,000 again as a cool inflation reading fuels risk appetite
Bitcoin extended its rebound on Wednesday, touching $100,000 after another encouraging inflation report stirred risk-on ...
1h
Opportunities For Business Owners In The Inflation Reduction Act
The outgoing Biden Administration has made resources available to help individuals navigate the Inflation Reduction Act's ...
7h
Inflation Sped Up in December, a Fresh Challenge for the Fed
The Consumer Price Index rose 2.9 percent from a year earlier, but a measure of underlying inflation was more encouraging.
43m
on MSN
Inflation is setting up for some good comps, says Fundstrat's Tom Lee
Tom Lee, Fundstrat managing partner, joins 'Closing Bell' to discuss his January playbook and his read on December's CPI ...
CNET on MSN
1h
Rising Energy Costs Push Inflation Up Again. Ways You Can Save This Winter
Inflation crept up again in December, driven mostly by a jump in energy prices, according to the latest Consumer Price Index ...
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