U.S. inflation likely worsened last month on the back of higher prices for gas, eggs, and used cars, a trend that could make it less likely that the Federal Reserve will cut its key interest rate much
The path of inflation proved bumpier than expected in December, with price growth picking up more than economists had forecast. The consumer price index climbed 2.9% year over year in December, according to data released Wednesday by the Bureau of Labor Statistics.
Inflation is proving stickier than expected, which could cause Fed to hit pause button on more interest rate cuts.
Inflation picked up in December, if economic forecasters are right—driven by rising food and energy costs. And the uptick will almost certainly push the Federal Reserve to rethink any plans for a rate cut in January.
Economists expected consumer prices to rise 0.3% on a monthly basis in December, and for the annual inflation rate to rise to 2.8%, according to FactSet’s consensus estimates. Core inflation was ...
Exchange-traded funds that hold bonds were rallying on Wednesday morning, following fresh data from the consumer-price index showed the rate of core U.S. inflation slowed slightly last month. The iShares Core U.
U.S. stocks were surging on Wednesday morning as Treasury yields fell after core inflation data came in below expectations, boosting bets that the Federal Reserve will still be able to cut interest rates this year.
Prices increased by 2.5% on an annual basis in December, down from 2.6% in November. Full coverage from the team at MoneyWeek.
Wholesale-level inflation heated up further to close out 2024, a sign that price pressures are building at a time when President-elect Donald Trump threatens to unleash a substantial array of tariffs.
The article discusses the impact of high treasury yields on the S&P 500, highlighting opportunities for patient investors amid inflation fears and market fluctuations.
The iShares 3-7 Year Treasury Bond ETF IEI has declined 0.8% so far this year through Tuesday, while the iShares 1-3 Year Treasury Bond ETF SHY has slipped just 0.1% over the same stretch, according to FactSet data.
There's apparently a lot of anxiety surrounding Wednesday's CPI inflation report. Too hot and some fear benchmark Treasury yields could quickly approach the psychologically-significant 5% level and spark a further pullback in stocks.