The Consumer Price Index report for January is expected to show broadly unchanged annual inflation according to nowcasts.

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.

The incoming president is set to inherit three months of rising inflation from his predecessor, the Consumer Price Index shows.

Inflation is proving stickier than expected, which could cause Fed to hit pause button on more interest rate cuts.

Overall consumer prices increased 2.9% from a year earlier, up from 2.7% in November, according to the Labor Department’s consumer price index ... costs rose 0.4% the most since March.

This CPI report looks to have released some of that upward. About 45 minutes after the release of the report, longer-dated yields (which have increased the most in the last month) are down sharply.

The stakes are high because investors are exposed to surprises in either direction from the CPI report. The annual headline CPI inflation rate — which fell for six straight months from April to ...

which showed that Dec machine tool orders rose by the most in 2-1/2 years. Gains in the yen accelerated Wednesday when the dollar and T-note yields tumbled on the Fed-friendly US Dec CPI report.

Wednesday’s report marked the final CPI reading for 2024 and the last before President Joe Biden hands the keys over to President-elect Donald Trump. While the causes of this recent bout of ...

This was one of the takeaways from the December CPI report. Headline inflation ... in the generally falling gas prices. According to recent reports from AAA, however, gas prices have ticked ...

which showed that Dec machine tool orders rose by the most in 2-1/2 years. Gains in the yen accelerated today when the dollar and T-note yields tumbled on the Fed-friendly US Dec CPI report.