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Stocks rise with US rate cuts back in view
Latest CPI Inflation Report Makes January Fed Rate Cut Very Unlikely
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.
Why are interest rates rising when the Fed has been cutting them?
The yield on the 10-year Treasury has recently soared toward its highest level since 2023, injecting nervousness into the U.S. stock market that's knocked indexes from their records.
Stocks rise with US rate cuts back in view; yen at one-month high
Asian shares tracked Wall Street higher on Thursday and the dollar was soft as easing core U.S. inflation kept potential rate cuts by the Federal Reserve on the table, while the yen rose to a one-month high on rate hike bets.
UK Inflation Moderates
Inflation rises 2.9% in December, in line with expectations
The Labor Department released the inflation report for December, which showed prices were up 2.9% from a year ago, in line with economists expectations and up from 2.7% in November.
Inflation may have heated up in December
Inflation probably picked up in late 2024, fueled by robust household spending amid a strong economy. A key gauge of inflation — the consumer price index — is expected to show Wednesday morning that prices rose by 2.
UK Inflation Moderates In December
UK consumer price inflation moderated unexpectedly in December, the Office for National Statistics said on Wednesday. The consumer
4h
Gold hits one-month high as prospects for Fed cuts rise on softer US inflation data
Gold prices firmed near one-month highs hit earlier on Thursday after a softer-than-expected core U.S. inflation print ...
16h
Softer Reading on Core Inflation Revives Bets on Rate Cuts
Traders are feeling more confident that the Federal Reserve will cut interest rates this year after a key inflation gauge ...
23h
on MSN
US inflation picked up in December but underlying price pressures eased
U.S. inflation likely worsened last month on the back of higher prices for gas, eggs, and used cars, a trend that could make ...
6h
Morning Bid: Inflation relief and bumper bank earnings
Global unemployment remained steady last year at an historical low of 5%, where it is set to stay in 2025, the International ...
3h
Best savings rates that still beat inflation - from cash ISAs to easy-access
Here are the top savings rates today, and at the time of writing, the best cash ISA pays more than most standard easy-access ...
news10nbc
11h
Consumer Alert: How to make inflation work for you
ROCHESTER, N.Y. – Inflation can actually work in our favor when it comes to saving money, according to financial experts. The ...
19h
on MSN
Why stocks and bonds are on a tear today
The Dow jumped 700 points and the Nasdaq gained more than 2% as investors cheered encouraging inflation data and a strong ...
12h
on MSN
Japan wholesale inflation steady near 4%, keeps alive BOJ rate-hike chance
Japan's annual wholesale inflation held steady at 3.8% in December on stubbornly high food costs, data showed on Thursday, ...
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Federal Reserve System
CPI
Consumer price index
December
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