Consumer Price Index

Cooling Core Inflation Will Offer Minimal Relief to the Fed

Business
Jessica Roberts

(Bloomberg) — Underlying US inflation probably moderated in April for the first time in six months, offering a ray of hope that ...

China consumer prices rise at faster rate in April

World
David Turner

Chinese policymakers have repeatedly tried to get consumers to open their wallets but the results have so far been mixed (STR) China’s ...

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 ...