Recently, progress on inflation appeared to be stuck or, at worst, reversing: A closely watched gauge of underlying price hikes — an index that excludes highly volatile categories — hadn’t budged for ...

US consumer prices eased in December as the so-called core consumer price index increased 0.2% after rising 0.3% four straight months. Michael McKee breaks down the numbers on Bloomberg Television.

Managing partner and Chief Investment Officer of the Armstrong Advisory Group, Chuck Zodda breaks down this week's financial news including the CPI Inflation report.

The dollar index (DXY00) Wednesday fell by -0.16%. The dollar posted moderate losses Wednesday as T-note yields fell on the Fed-friendly US Dec CPI report that showed an unexpected easing of core ...

US consumer prices rose in December by less than forecast, reinvigorating bets that the Federal Reserve will cut interest rates sooner than previously thought. Bloomberg Television guests weigh in on ...

US consumer prices rose in December by less ... rates sooner than previously thought. The so-called core consumer price index — which excludes food and energy costs — increased 0.2% after ...

24 Jan 2025 17:47:59 GMT The upcoming U.S. CPI data, with expectations of a 0.2% m/m increase and a 2.5% y/y rate, could significantly influence USD and market sentiment. If inflation slows as ...

The U.S. dollar index, which measures the currency against the yen and five other major peers, rose slightly to 106.38, after reaching a one-week high of 106.63 in the previous session.

US stocks spiked Wednesday morning, as the CPI report boosted traders’ hopes that the Federal Reserve will continue its rate-cutting campaign this year. The Dow was up by almost 700 points in ...