Inflation is proving stickier than expected, which could cause Fed to hit pause button on more interest rate cuts.
Take a look at how various financial markets are trading following the release of December's consumer-price index: stock futures, Treasury yields, the dollar, gold and Brent crude oil.
The consumer price index increased 2.7% in November 2024 from ... The good news is underlying trends still appear positive and disinflation is likely to continue, economists said.
That chart, shown below, highlights that more underlying components of the CPI report are starting to see inflation return to its long-term trend of less than 3%. "The forces of disinflation are ...
Yahoo Finance reporters Josh Schafer and Alexandra Canal provide a detailed analysis of the CPI report, focusing mainly on food and shelter inflation trends. Housing costs continued to be a ...
Market participants had to temper their expectations for rate cuts after the Consumer Price Index (CPI) revealed that inflation unexpectedly accelerated at the end of 2023. Headline inflation rose ...
Gold price sees gains limited for now, ahead of December CPI release. Tuesday's soft PPI ... Gold bulls have avoided re-entering the pennant chart formation and sent prices back above the ...
CPI data shows a 0.4% rise in December ... while the 200-day EMA at 30.24 underscores the broader trend. The slight gap between these EMAs highlights a cautious market sentiment.