The Inflation Data Don't Move the Needle for a Fed on Hold
Wednesday's inflation report doesn't do much to change the outlook for a Federal Reserve that was already taking a break from cutting interest rates. Higher food and gas prices in December drove the largest month-over-month increase in the consumer-price index in nearly a year.
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US wholesale inflation accelerated in November in sign that some price pressures remain elevatedWASHINGTON (AP) — Wholesale costs in the United States picked up sharply last month, signaling that price pressures are still evident in the economy even though inflation has tumbled from the ...
Wholesale-level inflation heated up further to close out 2024, a sign that price pressures are building at a time when President-elect Donald Trump threatens to unleash a substantial array of tariffs.
US wholesale inflation unexpectedly cooled in December, helped by a drop in food costs and flat services prices that may help ...
U.S. producer prices rose less than expected in December as higher costs for goods were partially offset by stable services ...
U.S. stocks opened higher after a cool inflation report eased fears for now that inflation is ticking back up. The ...
Stock index futures pointed to a higher open Tuesday, but direction will likely be dictated by the producer price index out ...
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