U.S. inflation rose to 3 percent in January, strengthening the case for the Federal Reserve to extend a pause on interest rate cuts.
The Bureau of Labor Statistics will release the consumer price index report for January on Wednesday, Feb. 12.
Here's a chart that the Federal Reserve hoped it wouldn't see: Inflation has turned upwards after making some progress in the ...
The euro turns lower against the dollar after data showed U.S. inflation rose more than expected in January, with CPI up 0.5% month-on-month against expectations in a WSJ poll for 0.3%. The data weigh ...
Consumer Price Index showed that while average price gains are moderating, some everyday prices are seeing big price gains.
The EUR/USD pair advanced to a fresh weekly high of 1.0384 during European trading hours on Wednesday, moving cautiously ...
Take a look at how various financial markets are trading following the release of January's consumer-price index: stock futures, Treasury yields, the dollar, gold and Brent crude oil.
Inflation slowed through much of last year – falling as low as 2.4% from a 40-year high of 9.1% in mid-2022 – but it has remained stubbornly high since fall. The cost of services such as car insurance ...
The cost of groceries, a major pain point for most households, is expected to have risen last month, driven higher by another ...
Jerome Powell made it clear this week the Federal Reserve is in “no hurry” to cut U.S. interest rates in light of lingering inflation and a strong economy. The January report on consumer prices is ...
Liam Gallagher responds to Oasis fans seeing their tickets cancelled, phone users have been warned to check half-term roaming charges - and we're relaunching our Women in Business series, where we ...
Gold slips as Powell signals no rush for rate cuts. CPI data and trade tensions add pressure, with key support at $2,857.49. Will gold rebound or extend losses?
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