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Inflation Slows, Boosting Rate Cut Hopes
US inflation likely remained elevated last month, threatening interest rate cuts
U.S. inflation probably worsened last month on the back of higher prices for gas, eggs, and used cars, a trend that could lessen the chance that the Federal Reserve will cut its key interest rate much this year.
U.K. Inflation Eases in Boost to Rate-Cut Chances
Inflation cooled to 2.5% at the end of the year, making it more likely that the Bank of England will continue to lower its key interest rate.
U.K. Inflation Eases Unexpectedly, Boosting Chances of BOE Rate Cut -- Update
Economists had expected annual inflation to stay unchanged, according to a poll compiled by The Wall Street Journal. Inflation nevertheless remains above the BOE's 2% target ahead of the central bank's next policy meeting early in February.
UK Inflation Unexpectedly Slows in Boost for BOE Rate Cut Hopes
UK inflation unexpectedly slipped back for the first time in three months in December, keeping alive hopes of a Bank of England interest-rate cut next month.
Projected UK Interest Rates in 5 Years: Surprising Slowing Inflation May Divert BoE Path
The Bank of England kept interest rates unchanged in its December meeting. However, three monetary policy committee members voted to cut rates by 25 basis
Inflation, Dollar
Dollar Falls to 1-Week Low Ahead of U.S. Inflation Data
The dollar fell to a one-week low as investors turned cautious ahead of U.S. inflation data later. U.S. inflation is expected to accelerate to 2.9% year over year in December but core inflation is seen unchanged at 3.
Gold eases as spotlight shifts to US inflation data
Gold prices edged lower on Wednesday as caution prevailed ahead of the U.S. consumer price inflation report that could provide more clarity on the Federal Reserve's interest rate trajectory. Spot gold eased 0.
Dollar rally stalls as traders await U.S. inflation data
On Wednesday, a strong dollar rally slowed down as traders were a little more cautious. They awaited a crucial U.S. consumer inflation report that was expected later in the day, keeping investors from making their big moves.
Wall Street rises in choppy trade
Wall Street rises in choppy trade as inflation data eyed
U.S. stocks rose modestly in choppy trade on Tuesday as investors gauged inflation data and braced for quarterly earnings reports to justify stock valuations and the strength of the U.S. economy. Stocks received an initial lift after a Labor Department report showed the producer price index rose less than expected in December,
Stock market today: Wall Street mostly rises after encouraging inflation data despite Lilly's drag
Stocks got a boost from a report showing inflation at the U.S. wholesale level wasn’t as high last month as economists expected. It’s an encouraging signal ahead of a report coming Wednesday, which will show how much inflation U.
Stock market today: Wall Street ticks up ahead of latest inflation data, start of earnings season
Wall Street pointed modestly higher ahead of this week’s latest U.S. inflation reports and the unofficial start of earnings season
2h
on MSN
Inflation report expected to show increase days before Trump takes office
An inflation report to be released on Wednesday will provide an update on the issue raised by many Americans as their top ...
1h
on MSN
Why a small drop in inflation matters to you
Core inflation, which strips out the direct impact of volatile energy and food prices is now at a four-year low, having ...
2h
on MSN
Trump poised to take office with inflation threatening to persist
President-elect Donald Trump will re-enter the White House next week against a more challenging economic backdrop than when ...
2h
on MSN
Yellen says U.S. could’ve kept inflation stable — if it threw up to 15 million people out of work
Treasury Sec. Janet Yellen defended the Biden administration’s economic performance in her last official policy speech, ...
1h
on MSN
Inflation may have heated up in December
Inflation probably picked up in late 2024, fueled by robust household spending amid a strong economy. A key gauge of ...
1h
Nigeria inflation rises for fourth month in a row in December
Nigeria's inflation rate rose for the fourth straight month in December, advancing to 34.80% in annual terms from 34.60% in ...
4h
CPI Inflation Report: What to Expect—and How the Release Will Affect the Fed and Interest Rates
The Bureau of Labor Statistics is set to release the consumer price index report for December at 8:30 a.m. Eastern time on ...
2h
Money blog: Inflation drops to 2.5% - and it impacts mortgages, broadband and phone bills
Inflation has come in at 2.5% for December, slightly lower than forecasts - we'll be posting about what it means for you, ...
3h
Futures flat on caution ahead of bank earnings, key inflation data
Futures tracking Wall Street's main indexes were muted on Wednesday as investors awaited a slew of big bank earnings and a ...
Bloomberg L.P.
3m
Inflation Relief For the UK — And Rachel Reeves
Welcome to the award-winning Money Distilled newsletter. I’m John Stepek. Every week day I look at the biggest stories in ...
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