Inflation expectations are rising, driven by tariff concerns and impacting consumer sentiment. Read more here.
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 ...
Following Donald Trump's first few weeks as president, preliminary data shows consumer sentiment has dropped in February.
Consumer Price Index showed an acceleration to 2.9%, the highest rate since July. With such high inflation, the Fed is unlikely to cut rates in January.
Entering 2025, models from forecasting companies like Trading Economics anticipate inflation rates between 2.4% and 2.9% ...
A key inflation metric eased for the first time since July as investors debate the Federal Reserve's next interest rate decision.