Recently, progress on inflation appeared to be stuck or, at worst, reversing: A closely watched gauge of underlying price hikes — an index that excludes highly volatile categories — hadn’t budged for ...

Managing partner and Chief Investment Officer of the Armstrong Advisory Group, Chuck Zodda breaks down this week's financial news including the CPI Inflation report.

Japan's yen strengthened on Wednesday on growing bets on a rate hike at the Bank of Japan's next meeting, while cooling British inflation offered relief to the pound, but traders were reluctant to buy ...

The Federal Reserve left interest rates unchanged on January 29, and an interest rate cut is unlikely when the Fed issues its ...

The dollar index (DXY00) Wednesday fell by -0.16%. The dollar posted moderate losses Wednesday as T-note yields fell on the Fed-friendly US Dec CPI report that showed an unexpected easing of core ...

US consumer prices rose in December by less than forecast, reinvigorating bets that the Federal Reserve will cut interest rates sooner than previously thought. Bloomberg Television guests weigh in on ...

24 Jan 2025 17:47:59 GMT The upcoming U.S. CPI data, with expectations of a 0.2% m/m increase and a 2.5% y/y rate, could significantly influence USD and market sentiment. If inflation slows as ...

Investors are snapping up crude oil futures as a hedge against the risk that U.S. President Donald Trump's threatened trade ...

The U.S. dollar index, which measures the currency against the yen and five other major peers, rose slightly to 106.38, after reaching a one-week high of 106.63 in the previous session.

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 ...