CPI, Fed
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.
Mixed December CPI strengthens case for Fed caution
Core CPI rose at a monthly 0.2 per cent rate, in line with expectations. However, on an annual basis it rose 3.2 per cent, slightly below market forecasts of a 3.3 per cent increase Wednesday’s release of December’s consumer price index was highly anticipated,
Mixed CPI Data For Dec.
Consumer inflation eased slightly in December, with core CPI coming in at 3.2% on a year-over-year basis, below the 3.3% ...
Stocks bounced around all day long, with traders unwilling to make any significant bets as they awaited key inflation data ...
Gold prices held nearly steady on Tuesday as market participants maintained caution ahead of key U.S. inflation data, which ...
Investors remain on edge about policy uncertainty a week before President-elect Donald Trump's inauguration promises to bring ...
Investor spirits were lifted as 10-year Treasury yields plunged 13 basis points to 4.65%, temporarily loosening the recent ...
The pound dipped slightly against the dollar after data that showed British inflation unexpectedly slowed to an annual rate ...
Housing inflation held steady in December, an encouraging sign for one of the most stubborn drivers of consumer price growth.
The Dow Jones Industrial Average (DJIA) climbed around 750 points at its peak on Wednesday, pushing into the bullish side to ...
A relatively benign U.S. reading on consumer price increases triggered a sharp relief rally in stocks and bonds on Wednesday, ...
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