Stocks Open Sharply Higher After CPI Report, Big Bank Earnings
An encouraging update on core consumer price inflation and a solid start to earnings season combined on Wednesday to send stocks flying and yields falling. The Nasdaq Composite surged 1.7%. The reading should help the Fed be a little more dovish heading into its January 28-29 policy meeting,
Inflation is proving stickier than expected, which could cause Fed to hit pause button on more interest rate cuts.
A relatively benign U.S. reading on consumer price increases triggered a sharp relief rally in stocks and bonds on Wednesday, ...
Consumer Price Index showed an acceleration to 2.9%, the highest rate since July. With such high inflation, the Fed is ...
A mix of fire and snow is suppressing the housing market this month.
US CPI rose 0.4% MoM and 2.9% YoY. The market reacted bullishly, with bond yields dropping and equity futures rising. See ...
Op-ed views and opinions expressed are solely those of the author. The Bureau of Labor Statistics just released the monthly increase in the Consumer Price Index for […] ...
Take a look at how various financial markets are trading following the release of December's consumer-price index: stock ...
Financial writer analyzes December CPI report showing inflation above target, speculates on future trajectory and Federal ...
High drama unfolded at the Koothattukulam Municipality premises on the morning of Saturday, January 18, when CPI(M) ...
The closely scrutinized monthly consumer-price index is due at 8:30 a.m. ET. Here are some key points to know ahead of the ...
U.S. consumer prices increased slightly more than expected in November as energy costs rose, pointing to an inflation trend ...
The incoming president is set to inherit three months of rising inflation from his predecessor, the Consumer Price Index ...
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