The Federal Reserve may revise down its forecast to just two interest rate cuts this year after inflation stayed elevated in ...
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Yet another inflation gauge came in hot, diminishing investor hopes for early rates cuts by the Federal Reserve.
Dow tumbles Wall Street closed lower Thursday after a key U.S. inflation gauge came in hotter-than-expected and sent Treasury yields higher. The 30-stock Dow lost more than 100 points, or 0.35%, ...
The biggest increase in wholesale costs since last summer is the latest in a string of readings that suggest inflation might not slow quickly toward ...
inflation continues to gradually slow.” And of all the major inflation gauges, PPI has shown the quickest return to ...
Rising fuel prices were partly responsible for stickier consumer price readings for February earlier this week and the ...
A look at the day ahead in U.S. and global markets from Mike Dolan Creeping oil prices are complicating the inflation picture again, with producer inputs and retail sales updates next on the U.S.
In Europe, German container shipper Hapag-Lloyd (HLAG.DE) fell 1% after it posted an 83% decline in net profit for 2023, and ...
Stock futures pointed modestly higher on Thursday as another inflation gauge was in the spotlight. Economists expect the producer price index to have risen 0.3% in February ... year thanks to markets ...
Inflation picked up pace in February. The consumer price index, or CPI, climbed 3.2% year over year in February, according to data released Tuesday by the Bureau of Labor Statistics.
A 2.3% increase in energy costs helped boost the headline inflation number. Food costs were flat on the month, while shelter ...