US inflation still slowing as producer prices rise below expectations in December
U.S. producer prices rose less than expected in December as higher costs for goods were partially offset by stable services prices, suggesting inflation remained on a downward trend after progress had stalled in recent months.
Investors are gearing up for December's crucial consumer price index to determine the direction of Fed policy.
If year-on-year total and core CPI consumer inflation rates accelerate, financial markets risk turbulence as investors’ 2025 ...
Most U.S. stocks rose following an encouraging update on inflation, but drops for Eli Lilly and some other influential stocks ...
Investors and traders are on edge about what Wednesday’s consumer-price index for December might say about the direction of ...
The effects of potential changes in trade and immigration policy suggested” restoring 2% inflation “could take longer than ...
The S&P 500 edged higher while the Nasdaq dipped after a volatile session on Tuesday as investors gauged inflation data and ...
Wholesale prices rose less than expected in December, a positive sign for the economy amid recent market fears that inflation ...
Participants for the most part favored slowing the pace of rate cuts, after approving a 0.25% reduction last month, the third ...
Federal Reserve officials at their meeting Dec. 17-18 expected to dial back the pace of interest rate cuts this year in the ...
The post-pandemic burst of high inflation, once called "transitory" by Federal Reserve officials, is poised to enter its ...
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