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The inflation report for June wasn't too troubling for markets, and traders are doubling down on their prior expectations for interest rates. Odds of a quarter-point cut in September were at 59.9%, up ...
M/M vs. +0.3% consensus and +0.1% prior, according to data released by the Bureau of Labor Statistics on Tuesday.
Economists and monetary policymakers have been trying to figure out exactly how much U.S. tariffs on goods will affect ...
A trickle of what is likely tariff-induced inflation has appeared in areas like household furnishings within Tuesday's consumer-price index data, and it is likely to gain momentum in the coming months ...
Mortgage rates shot up Wednesday as the CPI data came in just a bit hotter than expected — taking away one of the rate cuts for 2024.
Norway released June CPI figures this morning, ING's FX analyst Francesco Pesole notes.
With housing prices (“shelter” in the CPI tables) still high, it’s hard to get a read on when exactly the right time is to buy. The index for all items minus food and energy increased 0.4% ...
May's CPI report came in softer than expected, delivering a positive sign that recent months of sticky inflation may have been just a bump in the road.
On today's episode, Logan Mohtashami talks about the CPI inflation data and what it means for mortgage rates.
News Business Wall Street takes risk off table before CPI report Sept. 12, 2023 Updated Tue., Sept. 12, 2023 at 3:20 p.m. Pedestrians are shown in front of an electronic stock board outside a ...
Investors have a lot to worry about these days, not least among them war in the Middle East. But interest rate moves still seem to dwarf most other things on Wall Street. U.S. stocks mostly fell ...
Wednesday's hotter-than-expected CPI report confirms that inflation has re-accelerated, forcing some to believe that the Federal Reserve's interest-rate cuts are off the table in the foreseeable ...
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