Kathy Jones, chief fixed income strategist at the Schwab Center for Financial Research, said inflation trends had taken interest-rate cuts off the table.
The January CPI report often reflects price adjustments companies make to start the year, according to the Wall Street ...
The Cboe Volatility Index, known as Wall Street’s “fear gauge,” rose 0.5 points to 16.89, its highest in a week. Most megacaps such as Microsoft and Nvidia fell over 1% each.
Inflation rose unexpectedly in January, with the Consumer Price Index rising 3% over the last 12 months, up from 2.9% in December. Forecasters had expected inflation to slow down, but prices for food, ...
Treasury yields fell, paring some of Wednesday’s weakness.
The consumer-price index rose 0.5% from a year earlier in January, up from 0.1% in December, the National Bureau of Statistics said. A Wall Street Journal poll of economists had tipped a 0.4% growth.
U.S. stock futures are little changed as investors watch for January inflation data, and Fed Chair Jerome Powell is set to ...
Inflation likely started off 2025 by continuing to overstay its welcome, with price increases still gnawing away at the buying power of household budgets.
Two major indicators this week both showed inflation running a little hotter than expected last month. But there may still be some good news ...
We are still feeling the effects of yesterday’s CPI. It’s not so much the BLS reading of headline and core CPI higher, but rather the Cleveland Fed’s median up 3.9% annualized (from 3.59%) and core up ...
"This is a tough inflation report to get while the White House is looking at further tariffs with consumer inflation expectations jumping higher. While this does not blunt our optimism yet on both the ...
With the election decided and future policy easier to predict, economists can examine the coming years with increasing surety.