Cooling inflation revives hopes for Fed rate cuts
The drop in yields occurred as traders resumed betting on another Fed rate cut by July. Traders ignored the strong December employment data released Friday, which sparked a surge toward the highest levels in months as it sowed doubts that policymakers would cut rates at all this year.
President Biden discussed the economy in the last interview of his administration on MSNBC’s “The Last Word with Lawrence ...
The Labor Department reported Tuesday that its producer price index — which tracks inflation before it hits consumers — rose ...
The Labor Department released the inflation report for December, which showed prices were up 2.9% from a year ago, in line ...
U.S. inflation picked up last month as gas prices rose sharply, though price gains for other goods and services were more ...
Inflation ended 2024 by moving slightly higher. The U.S. Bureau of Labor Statistics reports a 0.4% increase in the Consumer ...
The inflation rate in the Euro Area increased to 2.40% in December from 2.20% in November, matching consensus. The Consumer ...
The consumer price index, an inflation gauge, rose 2.9% on an annual basis in December 2024 on the back of higher food and ...
A key inflation metric eased for the first time since July as investors debate the Federal Reserve's next interest rate ...
Nigeria's inflation rate rose for the fourth straight month in December, advancing to 34.80% in annual terms from 34.60% in ...
US stocks jumped on Wednesday after consumer price data showed inflation continues to slow. Strong bank earnings also helped ...
The consumer price index increased by 2.9 percent in December from a year earlier, the Labor Department reported Wednesday, ...
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