The January CPI report showed cooling inflation, a key factor in whether the Federal Reserve resumes interest rate cuts.
The consumer price index eased in January but inflation was still elevated for many consumer necessities, economists said.
The core PCE price index was expected to increase 3% from a year ago in December. GDP was projected to rise at a 2.5% pace in ...
The dollar made limited gains after data showed the Federal Reserve’s preferred measure of inflation accelerated in December.
Diccon Hyatt is an experienced financial and economics reporter. He's written hundreds of articles breaking down complex financial topics in plain language, emphasizing the impact that economic ...
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S&P futures slip with focus on key US inflation data
March S&P 500 E-Mini futures (ESH26) are trending down -0.33% this morning as investors hesitate to buy the dip ahead of the release of key U.S. inflation data. In yesterday’s trading session, Wall ...
Wall Street stocks tumbled Thursday following another pullback in tech shares as markets look ahead to a key inflation reading. Apple, Amazon and Facebook parent Meta were among the large tech ...
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