The core CPI is settling at 3.5%, and the December core CPI could extend the 0.3% MoM streak to five months. Rising gasoline prices could continue to boost the headline CPI inflation. The selloff in ...
The December U.S. Consumer Price Index report, due out on Wednesday, is expected to reveal a nudge upward in the headline inflation rate, while the core remained steadfast. With recent remarks from ...
December CPI was softer than expected, with headline CPI up 0.4% and core CPI up 0.2%, leading to YoY rates of 2.9% and 3.3%, respectively. Stock market futures surged, with the Dow up 600 points, S&P ...
A surprise deceleration in core inflation, however, offers market a "glimmer of hope" The latest Consumer Price Index (CPI) reading indicates headline inflation rose slightly in December, exceeding ...
New data from the Bureau of Labor Statistics out Wednesday showed that a key inflation metric eased for the first time since July. On a "core" basis, which strips out the more volatile costs of food ...
That would follow the expected 25-basis-point reduction at the Fed’s Oct. 29–30 meeting, extending a series of so-called ...
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The closely scrutinized monthly consumer-price index is out. Here are the key points: Inflation picked up in December, as gas prices rose sharply, though price gains for other goods were more muted.
The softer-than-expected CPI report cemented expectations that the Federal Reserve will lower interest rates next week, but ...
The December Consumer Price Index report showed that overall inflation rose last month, driven largely by a spike in energy prices. But under the hood, a moderation in core inflation offers some ...
Wednesday’s inflation report offers mixed news for those in housing. On one hand, housing markets across the country that have faced persistently high home prices may be getting a break. But for those ...
While headline inflation came in faster than hoped in December, investors for the moment are in buy mode after an unexpected decline in the year-over-year core rate. The closely-watched Consumer Price ...
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