CPI edged higher in December, complicating the Fed's upcoming decision on rate cuts
Inflation is proving stickier than expected, which could cause Fed to hit pause button on more interest rate cuts.
Stocks open sharply higher as Wall Street gets relief from softer-than-expected core CPI inflation data
U.S. stocks were surging on Wednesday morning as Treasury yields fell after core inflation data came in below expectations, boosting bets that the Federal Reserve will still be able to cut interest ...
US economy likely added 153,000 jobs last month, returning to normal after strike and hurricanes
Forecasters surveyed by the data firm FactSet expect that U.S. payrolls grew by 153,000 ... he says, that would be seen by ...
US inflation likely remained sticky-high last month, threatening interest rate cuts
U.S. inflation probably worsened last month on the back of higher prices for gas, eggs, and used cars, a trend that could make it less likely that the Federal Reserve will cut its key interest rate ...