CPI inflation report to hold more sway over Fed expectations than jobs data
This week's data, including Friday's nonfarm payrolls report for November, is unlikely to shift the Federal Reserve's bias toward cutting interest rates on Dec. 18, according to strategists at BMO ...
Fed Waller: Recent data raises the possibility inflation progress may have stalled
CNBC's Steve Liesman joins 'Closing Bell' to report on the Fed's latest statements on inflation and the economy.
US Fed Officials See Inflation Fight As Broadly On Track
The US appears on track to hit its long-term target of two percent inflation despite a recent uptick, two Federal Reserve ...
Fact check: Bernie Sanders said inflation-adjusted wages are lower now than 50 years ago
Vermont Sen. Bernie Sanders said inflation-adjusted weekly wages "are lower today than they were 50 years ago." ...
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Breaking: US Inflation Data Comes In At 2.3%, What Next For Bitcoin?
The US inflation data has come in at 2.3% YoY, as expecteda development which could have a significant impact on Bitcoin.
A top Fed official leans toward December rate cut but says it depends on economic data
A top Federal Reserve official says he is leaning toward supporting an interest rate cut when the Fed meets in two weeks but ...
Wall Street stocks end lower after inflation data, tech stocks push Nasdaq down
Wall Street's main indexes closed lower on Wednesday, with the Nasdaq leading declines, as technology stocks slumped on ...
Understanding the impact of inflation on consumer spending
While U.S. headline inflation has decreased compared to 2022 and 2023, price increases continue to be a concern for many ...
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Inflation on ‘sustainable path’ to 2%, but no preset path for policy - Fed Gov. Kugler
Inflation “appears to be on a sustainable path” to meet the Federal Reserve’s 2% goal, Fed Gov. Adriana Kugler said Dec. 3, ...
Inflation is cooling, but shoppers remain frustrated by high prices
Part of that is because higher prices are here to stay. While inflation has cooled, that doesn't mean prices are falling.
Fed's favored inflation gauge showed price growth picked up in October
The Commerce Department released data showing that PCE inflation ticked higher in October, though the Federal Reserve's ...
Turkey inflation higher than expected, teeing up tough rate decision
Turkish inflation was higher than expected at 47.09% annually and 2.24% on a monthly basis in November, official data showed on Tuesday, potentially reducing the prospect of an interest rate cut later ...