US consumer prices post largest gain in nine months; underlying inflation slowing
U.S. consumer prices increased by the most in nine months in December amid higher costs for energy goods, pointing to still-elevated inflation that aligns with the Federal Reserve's projections for fewer interest rate cuts this year.
US consumer prices rise in December, but underlying inflation slowing
U.S. inflation data out Wednesday showed consumer prices ticked up more than expected in December amid higher gas prices. The Labor Department's consumer price index rose 0.4% last month, slightly more than economists polled by Reuters had expected,
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The 10-year Treasury yield was slightly lower Wednesday morning ahead of the release of key consumer inflation data. The ...
The consumer price index, the cost shoppers pay for a wide range of goods and services, rose faster than expected in December ...
Wall Street's main indexes fell on Tuesday as investors turned their attention to upcoming inflation data and quarterly ...
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Better-than-expected Core CPI for December led to a sharp fall in US Treasury yields as stocks gained premarket, boosted by ...
Investors looked ahead to the release of December’s CPI data and the start of the fourth-quarter earnings season.
The consumer-price index came in relatively hot, rising 2.9% over the year, the Labor Department. But the so-called core CPI, which excludes volatile food and energy prices, rose 0.2% from a month ...
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