Inflation Rises Unexpectedly, Complicating Picture for the Fed
“Core” C.P.I., which more closely reflects underlying inflation by removing volatile food and energy prices, also showed ...
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Stock Market Today: Dow Jones Dives 350 Points After Hot Inflation Report As Powell Testifies; Super Micro Jumps (Live Coverage)
Dow Jones dived after hot inflation data in the stock market today. Nvidia partner SMCI soared. Fed Powell continued his ...
January CPI data sets stage for next week's 30-year TIPS auction: Barclays
A $9 billion sale of 30-year Treasury inflation-protected securities, scheduled for next Thursday, is set to offer the highest real yield at auction for the tenor since it was brought back in 2010, ...
CPI Report Puts the Kibosh on Rate Cuts: What the Experts Are Saying About Inflation
Consumer price inflation reared its ugly head to start the year, dashing hopes for the Fed to lower borrowing costs anytime soon.
January inflation ticks up to 3% annually as cost of groceries, gas, used cars rise
The latest Consumer Price Index report shows inflation ticked up to 3% in January from a year ago, a slight rise from the ...
Powell says today’s CPI data shows Fed is ‘close but not there on inflation’
Fed Chairman Jerome Powell said Wednesday that the January CPI data fit with an overall picture that the Fed is “close but not there on inflation.” “Today’s report says the same thing,” he added. Last ...
US inflation worsened last month with cost of groceries and gasoline rising
U.S. inflation accelerated last month as the cost of groceries, gas, and used cars rose, a trend that will likely underscore the Federal Reserve's resolve to delay any further interest rate cuts.