Hot Jan US CPI Surprise Hurts Case for Fed Ease
Hot Jan US CPI Surprise Hurts Case for Fed Ease Soon
The CPI jumped 0.5% last month after gaining 0.4% in December, the Labor said on Wednesday. In the 12 months through January, it increased 3.0% after advancing 2.9% in December. Economists polled by Reuters had forecast the CPI gaining 0.3% and rising 2.9% year-on-year.
2hon MSN
US consumer prices came in hotter than expected in January as inflation showed few signs of weakening, dashing hopes for ...
GBP/USD turns south in the second half of the day on Wednesday and trades deep in the negative territory near 1.2400. The ...
The US Bureau of Labor Statistics will release the January 2025 Consumer Price Index (CPI) data on February 12 at 8:30 AM ...
It’s not just eggs. Many commonly purchased goods and services got more expensive in January, driving inflation in the wrong direction and to its highest rate since June of last year.
US CPI inflation data will be released today at 13h30 GMT time. Markets are paying close attention to today's release ...
Higher prices for car insurance, airfares and a record monthly increase in the cost of prescription drugs paced the rise core ...
The dollar held mostly steady against other major currencies on Wednesday as traders awaited U.S. inflation data, though ...
Bitcoin sags as inflation worries return to crypto markets on the back of a grim January CPI print. Bitcoin ( BTC) dipped ...
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