Inflation is proving stickier than expected, which could cause Fed to hit pause button on more interest rate cuts.
Consumer Price Index showed an acceleration to 2.9%, the highest rate since July. With such high inflation, the Fed is ...
The benchmark S&P 500 ( ^GSPC) popped more than 1.8%, while the Dow Jones Industrial Average ( ^DJI) rose more than 1.6%, or ...
A jump in energy prices was primarily responsible for the increase in the overall CPI, especially energy commodities (fuel ...
Cooler-than-expected inflation readings and positive bank earnings provided a string of good news for bulls after a dismal ...
The cost of living rose more in December than the month before, as rising energy costs hurt household budgets and stoked ...
The Consumer Price Index increased 0.4% in December, compared to the previous month, the Bureau of Labor Statistics reported ...
Bitcoin nears $100K as cooling core inflation in better-than-expected CPI data fuels optimism for a June rate cut.
Inflation rates have had a huge impact on almost all aspects of our daily lives — from mortgage rates to the price of groceries. While the U.S. inflation rate has hit a 40-year high after the pandemic ...
Excluding food and energy, core CPI gained 0.2% from a month earlier, after increasing 0.3% in each of the previous four months. The latest print slightly trailed the +0.3% consensus and the prior ...
As inflation and Fed policy take center stage, institutional flows and macro conditions could shape Bitcoin’s path to ...