Williams says 'it will take more time' to hit Fed's 2% inflation goal, but more rate cuts not ruled out
Inflation in the U.S.is “moving toward our goal of 2%,” but recent progress has been “choppy” and “it will take more time” to achieve success, the president of the New York Federal Reserve said ...
Hosted on MSN11m
Dollar Slides and Gold Jumps on Dovish US CPI Report
The dollar tumbled today as T-note yields dropped on the Fed-friendly US Dec CPI report that showed an unexpected easing of ...
L.A. Fires Could Cost Insurers $30 Billion, According to New Forecast
Estimates of the losses to insurers from the Los Angeles wildfires increased as the blazes spread. Morningstar DBRS analysts ...
The VIX Slides as Investors Cheer CPI and Bank Earnings
That sound you heard coming from Wall Street on Wednesday? A huge sigh of relief following strong earnings from Dow ...
Dow rises over 600 points as Wall Street sees best CPI day since at least late 2023
Investors were cheering the latest consumer-price index report, which that showed core inflation unexpectedly slowed in December, putting U.S. stocks on pace for their best CPI day in at least 14 ...
Dec CPI rises a touch above expectations, keeps Fed on track
U.S. consumer prices increased slightly more than expected in November as energy costs rose, pointing to an inflation trend ...
Here's the inflation breakdown for December 2024 — in one chart
The consumer price index, an inflation gauge, rose 2.9% on an annual basis in December 2024 on the back of higher food and ...
Fed’s Barkin Says CPI Data Show Inflation Headed Toward 2% Goal
Federal Reserve Bank of Richmond President Tom Barkin said fresh inflation data show the central bank continues to see ...
Zillow’s Insights on CPI and ZORI: Understanding the Future of Shelter Inflation
Zillow Economics predicts shelter CPI inflation – and the results remind us that unless active rental markets moderate even ...
Stocktwits on MSN42m
December Consumer Inflation In Line With Forecasts But Core CPI Falls Below Estimate: Retail’s Wary Despite Wall Street Rally
Major U.S. indices surged Wednesday after consumer inflation came in lower than expected, and major banks posted strong ...
Easing Core Inflation Boosts Markets. Why It Doesn't Help Consumers Much—or the Fed.
The end of 2024 proved to be a mixed bag when it comes to inflation. Energy prices surged in December and food inflation levels remained more elevated than the summer—which likely left many consumers ...
Falling rupee likely to impact inflation, interest rate review
Weakening rupee poses inflation threat, impacting import bill and rate review deliberations by RBI's Monetary Policy ...