Cooling inflation revives hopes for Fed rate cuts
The drop in yields occurred as traders resumed betting on another Fed rate cut by July. Traders ignored the strong December employment data released Friday, which sparked a surge toward the highest levels in months as it sowed doubts that policymakers would cut rates at all this year.
President Biden discussed the economy in the last interview of his administration on MSNBC’s “The Last Word with Lawrence ...
The increase in the consumer price index is unhelpful for President-elect Donald Trump, who will soon inherit the economy ...
Inflation ended 2024 by moving slightly higher. The U.S. Bureau of Labor Statistics reports a 0.4% increase in the Consumer ...
The Labor Department reported Tuesday that its producer price index — which tracks inflation before it hits consumers — rose ...
The Labor Department released the inflation report for December, which showed prices were up 2.9% from a year ago, in line ...
The cost of living rose more in December than the month before, as rising energy costs hurt household budgets and stoked ...
The consumer price index increased by 2.9 percent in December from a year earlier, the Labor Department reported Wednesday, ...
U.S. inflation accelerated last month as prices for gas, eggs and used cars rose, yet underlying price pressures also showed ...
The consumer price index (CPI) rose 2.9 percent year-over-year in December, the largest annual increase since July. When ...
A key inflation metric eased for the first time since July as investors debate the Federal Reserve's next interest rate ...
Consumer price growth ticked up in December, a sign President-elect Donald Trump will inherit the inflation issues that ...
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