US stocks soared as traders cheered encouraging inflation data, while the 10-year Treasury plunged 13 basis points.
Inflation is proving stickier than expected, which could cause Fed to hit pause button on more interest rate cuts.
Gold prices extended gains on Wednesday, as the dollar dipped after U.S. core inflation data came in softer than expected, ...
The stock market was rallying broadly on Wednesday, but Goldman Sachs was giving the Dow a big boost. With the Dow up 657 ...
U.S. government debt aggressively rallied after the monthly core inflation reading from Wednesday’s consumer-price index for December came in softer than expected, pushing yields across the Treasury c ...
The Bureau of Labor Statistics reported that the Consumer Price Index rose 2.9% in December from year-ago levels—an uptick ...
Despite concerns over inflation and the Federal Reserve's decision to leave interest rates unchanged this year, Bitcoin and ...
Cooling inflation sparks a risk-on rally as stocks surge, gold eyes a breakout, and Treasury yields fall. Tesla and Nvidia ...
While the overall consumer price index rose, the core measure that omits food and energy costs was below estimates.
Wednesday's softer-than-expected core CPI number offers some relief to the Federal Reserve, especially after last week's hot employment report, that could allow interest-rate cuts to remain on the ...
Consumers’ inflation expectations soared in January, over concerns that tariffs would raise goods prices. Read more at ...
US consumer inflation rose for a third straight month in December as energy prices rose, according to government data ...