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.
Wall Street breathed a sigh of ... while the latest CPI release is likely insufficient to put a January rate cut back on the table, it strengthens the case that the Fed’s cutting cycle has ...
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.
Inflation likely accelerated in December, putting pressure on the Federal Reserve to keep interest rates relatively high.
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 ...