Consumer Price Index

Fed’s Preferred Inflation Gauge Is Set to Back Rate-Cut Patience

Business
Jessica Roberts

(Bloomberg) — Federal Reserve officials are about to get further confirmation that progress against inflation has stalled, supporting what appears to be ...

Stocks Sink as CPI Shuts Door on Fed June Pivot: Markets Wrap

Business
Jessica Roberts

(Bloomberg) — Wall Street traders sent stocks and bonds sliding after another hotter-than-estimated inflation report signaled the Federal Reserve will be in ...

US stocks edge higher ahead of CPI inflation data

Business
Jessica Roberts

US stocks edged higher on Tuesday as investors bided their time until a key inflation report lands and potentially sheds light on ...

US futures in holding pattern in wait for CPI

Business
Jessica Roberts

US stocks were stuck in a holding pattern on Tuesday as investors bided their time until a key inflation report lands and ...

Glacial Inflation Slowdown Set to Back Fed Rate-Cut Caution

Business
Jessica Roberts

(Bloomberg) — US consumer-price data in the coming week, arriving on the heels of surprisingly strong jobs numbers, is projected to show ...

S&P 500 hits new record high as investors shrug off sticky inflation data

Business
Jessica Roberts

A hotter-than-expected February inflation print was largely driven by two components: shelter and gas. The shelter index rose 5.7% on an unadjusted ...

US stocks march higher after CPI surprise

Business
Jessica Roberts

US stocks added to gains on Tuesday after key inflation data came in hotter than expected to help set expectations for the ...

Slow US Inflation Retreat Is Set to Bolster Fed Patience on Rate Cuts

Business
Jessica Roberts

(Bloomberg) — Inflation in the US probably abated only gradually last month and retail sales rebounded, illustrating why the Federal Reserve is ...

Slower US Inflation Is Set to Fuel Fed Rate-Cut Optimism

Business
Jessica Roberts

(Bloomberg) — The pulse of US inflation likely continued to slow at the start of the year, helping to feed expectations that ...

Stock Mania Rages On as S&P 500 Closes Above 5,000: Markets Wrap

Business
Jessica Roberts

(Bloomberg) — Wall Street notched a milestone, with the S&P 500 topping 5,000 amid a renewed rally in big tech and hopes ...