The consumer price index, an inflation gauge, rose 2.9% on an annual basis in December 2024 on the back of higher food and energy prices.
The Consumer Price Index report for January is expected to show broadly unchanged annual inflation according to nowcasts. That may be broadly good news for the Fed.
Take a look at how various financial markets are trading following the release of December's consumer-price index: stock ...
Inflation is proving stickier than expected, which could cause Fed to hit pause button on more interest rate cuts.
However, stronger-than-expected data could bolster the dollar and trigger market volatility as investors reassess the likelihood of future rate hikes. Markets will be closely watching the CPI ...
The Consumer Price Index (CPI) is the most widely used metric for consumer inflation changes over time and utilizes data based on consumer buying habits from a broad sample set of the population.
The benchmark S&P 500 ( ^GSPC) popped more than 1.8%, while the Dow Jones Industrial Average ( ^DJI) rose more than 1.6%, or ...
Traders should keep watch on US Retail Sales data on Thursday, as it could increase volatility to Bitcoin price.
Bitcoin price is increasingly sensitive to economic developments like the incoming CPI data, which could trigger more ...