CPI edged higher in December, complicating the Fed's upcoming decision on rate cuts
Inflation is proving stickier than expected, which could cause Fed to hit pause button on more interest rate cuts.
Interest Rate Cuts 'On Hold... If There Are Any At All In 2025' After December's Sticky Consumer Inflation Report: Economists
Consumer inflation eased slightly in December, with core CPI coming in at 3.2% on a year-over-year basis, below the 3.3% estimate. Headline CPI rose 2.9% year-over-year, in-line with expectations. The print is the latest economic data that the Federal Reserve will consider before its next interest rate decision later this month.
CPI report is a relief. Why Fed isn't likely to 'trouble trouble' with cuts.
"It's good news," said Kathy Jones, chief fixed income strategist at Schwab Center for Financial Research. But without a plunge in CPI, which the latest report pegged at 2.9% on a yearly basis, or significant softening in the labor market or economy, Jones expects the Fed to stay on hold about cutting short-term rates further.
Dec CPI rises a touch above expectations, keeps Fed on track
U.S. consumer prices increased slightly more than expected in November as energy costs rose, pointing to an inflation trend that lines up with the Federal Reserve's view for a slower path of rate cuts this year.
CPI accelerates in December, as expected; core CPI unexpectedly slips
The Consumer Price Index 0.4% M/M in December, matching the consensus and slightly accelerating from the 0.3% increase in the previous month, according to U.S. Bureau of Labor Statistics data released on Wednesday.
Wall Street Traders Hold Their Breath Before CPI: Markets Wrap
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Gold holds steady with investors cautious ahead of US CPI
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CPI to stall around 3% if Trump import tariffs take hold: Barclays
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Housing Price Gains Hold Steady. It’s a Welcome Sign.
Housing inflation held steady in December, an encouraging sign for one of the most stubborn drivers of consumer price growth.
Bitcoin Price Forecast: BTC holds near $100K ahead of Donald Trump's inauguration
Traders should keep watch on US Retail Sales data on Thursday, as it could increase volatility to Bitcoin price.
Inflation revival persists as market risk despite CPI-fueled rally
A relatively benign U.S. reading on consumer price increases triggered a sharp relief rally in stocks and bonds on Wednesday, ...
December CPI Report: Core Inflation Is Lower Than Feared
The closely scrutinized monthly consumer-price index is due at 8:30 a.m. ET. Here are some key points to know ahead of the ...
Dow Jones Industrial Average climbs 800 points after US CPI inflation print
The Dow Jones Industrial Average (DJIA) climbed around 750 points at its peak on Wednesday, pushing into the bullish side to ...