Federal-funds futures on Wednesday were pointing to the Federal Reserve keeping its benchmark interest rate at the current level potentially until June, as traders assessed data showing that core U.S.
US consumer inflation rose for a third straight month in December as energy prices rose, according to government data ...
U.S. inflation picked up last month as gas prices rose sharply, though price gains for other goods were more muted.
Consumer inflation increased 2.9% in 2024, which is above the Federal Reserve's goal of 2%, but wages overall more than kept ...
Annual inflation ticked up for a third straight month in December as food, energy costs rose, CPI report showed. But ...
The increase in the consumer price index is unhelpful for President-elect Donald Trump, who will soon inherit the economy ...
Inflation fears are eating away at Bitcoin’s post-election gains, and consumer prices rose a greater-than-expected pace in ...
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Treasury yields and the dollar fall as December inflation is in line with expectations. Headline 12-month CPI is 2.9%, up from November's 2.7% but meeting consensus forecast in a Wall Street Journal ...
The milder-than-expected increase in consumer prices in December came as a big relief to Wall Street, but it leaves hardly any wiggle room for the Federal Reserve to cut interest rates early in the ...
US inflation continued to heat up at the end of 2024. The consumer price index rose 2.9% year-over-year in December, above ...
The Labor Department released the inflation report for December which showed prices were up 2.9% from a year ago, in line ...