Bitcoin Price Rises After CPI Inflation Report. Why the Data Matter for Crypto.
Bitcoin rose modestly early Wednesday after investors reacted to the latest U.S. inflation reading. The world’s largest ...
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 ...
New inflation reading likely keeps the Fed on pause for now
Fresh inflation data released Wednesday is likely to keep the Federal Reserve on pause during its next policy meeting this ...
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 ...
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Core CPI Inflation Eases; S&P 500 Rallies As Fed Rate-Cut Hopes Brighten
However, stubbornly high inflation still presents a tough challenge for the Federal Reserve and the S&P 500 as ...
Bank stocks are giving a nice lift to U.S. markets, along with CPI report
Wednesday's December CPI inflation report offered Wall Street some long-awaited relief after a bumpy start to 2025, but the beginning of the ...
CPI data should quiet critics of Fed's December rate cut: Nikko Asset
While Wednesday's CPI data may not soothe concerns about inflation risks under the Trump administration, it "should quiet the tut-tutting of armchair central bankers who had criticized the Fed's ...
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Consumer inflation rose 2.9% in 2024 as US lost some progress near end of year
Consumer inflation increased 2.9% in 2024, which is above the Federal Reserve's goal of 2%, but wages overall more than kept ...
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 ...
Heard on the Street: Despite Rally, Inflation Remains Too High for Comfort
Inflation is stuck well above 2%. So why are investors celebrating? At first glance, there was little to cheer in the December inflation data. The Consumer Price Index rose 2.9% from a year earlier, ...
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 ...
NASDAQ, Dow Jones and S&P 500 Forecast – US Indices Rally After CPI Misses
The US indices that I follow here are FX Empire continue to see inflows, as the CPI numbers came out lower than expected on ...