CPI inflation report to hold more sway over Fed expectations than jobs data
This week's data, including Friday's nonfarm payrolls report for November, is unlikely to shift the Federal Reserve's bias toward cutting interest rates on Dec. 18, according to strategists at BMO ...
Inflation Worries Keep Fed Officials Cautious Ahead of December Meeting
With a Federal Reserve meeting coming up later this month, officials are preparing for debate over whether it's time to ...
Fed Waller: Recent data raises the possibility inflation progress may have stalled
CNBC's Steve Liesman joins 'Closing Bell' to report on the Fed's latest statements on inflation and the economy.
Wall Street stocks end lower after inflation data, tech stocks push Nasdaq down
Wall Street's main indexes closed lower on Wednesday, with the Nasdaq leading declines, as technology stocks slumped on ...
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Breaking: US Inflation Data Comes In At 2.3%, What Next For Bitcoin?
The US inflation data has come in at 2.3% YoY, as expecteda development which could have a significant impact on Bitcoin.
Rise In October Consumer Inflation Not Enough To Stop Fed Rate Cuts
Consumer inflation accelerated in October 2024. However, the odds of a Federal Reserve interest rate cut on December 18 are ...
US Fed Officials See Inflation Fight As Broadly On Track
The US appears on track to hit its long-term target of two percent inflation despite a recent uptick, two Federal Reserve ...
Fact check: Bernie Sanders said inflation-adjusted wages are lower now than 50 years ago
Vermont Sen. Bernie Sanders said inflation-adjusted weekly wages "are lower today than they were 50 years ago." ...
A top Fed official leans toward December rate cut but says it depends on economic data
A top Federal Reserve official says he is leaning toward supporting an interest rate cut when the Fed meets in two weeks but ...
Understanding the impact of inflation on consumer spending
While U.S. headline inflation has decreased compared to 2022 and 2023, price increases continue to be a concern for many ...
Stock market today: Indexes traded mixed as investors await fresh inflation data
Traders are eyeing potentially hotter inflation, and dialing back their bets for Fed rate cuts into next year.
South African rand firms after producer inflation data, central bank review
The South African rand strengthened on Thursday, after the release of October producer inflation data and the central bank's ...