Producer inflation remained too high in November, but there were signs of progress below the surface. An interest-rate cut by ...
The mainstream media was giddy, and markets responded positively to the November CPI because every metric came in "as ...
Traders shift their focus to Europe ahead of the European Central Bank’s last meeting of the year, with economists broadly expecting another rate cut.
Excluding volatile food and energy prices, so-called core producer prices rose 0.2% from October and 3.4% from November 2023.
Another month, another frustratingly sticky inflation report. Still, a rate cut seems certain when the Federal Reserve meets ...
Asia-Pacific markets were set to open higher Wednesday, following gains on Wall Street that saw the Nasdaq Composite surge to record highs after November's inflation report met expectations.
Wednesday's report showed inflation edged higher in November — but it isn't expected to deter the Federal Reserve from ...
US inflation is reported to have risen slightly last month, but remained low overall according to data from the Labor Department.
Tech stocks soared on Wednesday, boosted by the prospect of a rate cut at next week's Fed meeting. Tesla stock jumped 6% to ...
Wednesday's November CPI showed little progress being made toward the Federal Reserve's 2% target and raises doubts about the ability of officials to cut rates as much as they expected, one chief ...
The index for rent in the November CPI data rose 0.2%, according to the data released Wednesday. That's the lowest reading ...
Consumer inflation accelerated in November to 2.7% from 2.6% and core CPI was sticky at 3.3%. But a December Fed rate cut ...