Stocks Open Sharply Higher After CPI Report, Big Bank Earnings
An encouraging update on core consumer price inflation and a solid start to earnings season combined on Wednesday to send stocks flying and yields falling. The Nasdaq Composite surged 1.7%. The reading should help the Fed be a little more dovish heading into its January 28-29 policy meeting,
Inflation is proving stickier than expected, which could cause Fed to hit pause button on more interest rate cuts.
A relatively benign U.S. reading on consumer price increases triggered a sharp relief rally in stocks and bonds on Wednesday, ...
Consumer Price Index showed an acceleration to 2.9%, the highest rate since July. With such high inflation, the Fed is ...
The incoming president is set to inherit three months of rising inflation from his predecessor, the Consumer Price Index ...
A mix of fire and snow is suppressing the housing market this month.
US Core CPI printed cool at .2% versus .3%. The CPI and PPI prints imply that PCE Core with come in at a cool .2% when it is ...
CPI Lived Up To Market Moving Potential And Then Some For every 14 or 15 times we approach a potential big-ticket market ...
Take a look at how various financial markets are trading following the release of December's consumer-price index: stock ...
US CPI rose 0.4% MoM and 2.9% YoY. The market reacted bullishly, with bond yields dropping and equity futures rising. See ...
The Bureau of Labor Statistics released the consumer price index report for December earlier today. What the inflation data ...
U.S. consumer prices increased slightly more than expected in November as energy costs rose, pointing to an inflation trend ...
Op-ed views and opinions expressed are solely those of the author. The Bureau of Labor Statistics just released the monthly increase in the Consumer Price Index for […] ...
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