Stock market today: Dow leads stocks lower hot inflation data pushes back rate cut hopes
"Hikes remain unlikely, but they seem less inconceivable now," Bank of America US economist Aditya Bhave wrote in a note to clients on Wednesday. "We still think the threshold for hikes is 3% core PCE ...
Stock market today: Dow, S&P 500, Nasdaq slip as hot inflation data spooks markets
The surprise inflation print pushed back investor bets on interest-rate cuts in 2025. As of Wednesday morning, traders were pricing just one interest-rate cut, after pricing in two for most of the ...
Markets trim Fed rate cut bets following hot inflation report
A hotter-than-expected inflation reading makes it much more likely that the Federal Reserve will keep rates on hold for the foreseeable future, reinforcing a cautionary stance from Jerome Powell and ...
CPI report: January inflation data complicates Fed plans as soaring egg, energy costs push consumer prices higher
January's Consumer Price Index will serve as the latest test of whether inflation pressures have eased further.
Fed rate cuts bets trimmed as Powell says 'close but not there' on inflation
A hotter-than-expected inflation reading makes it much more likely that the Federal Reserve will keep rates on hold for the foreseeable future, reinforcing a cautionary stance from Jerome Powell and ...
January CPI: One inflation print won't 'alter the path' for Fed
The latest inflation report out Wednesday morning is raising concerns, as the US Bureau of Labor Statistics' (BLS) Consumer ...
Consumer prices rose more than expected in January
New inflation data out Wednesday showed headline consumer prices rose more than forecast in January as core prices reversed last month's easing with the Federal Reserve's path forward in focus. The ...
Consumer prices rose more than expected in January as egg prices soar, core inflation remains sticky
January's Consumer Price Index will serve as the latest test of whether inflation pressures have eased further.
Mexico’s president and the art of keeping a ‘cool head’ with Trump
Sheinbaum’s successes have not gone unnoticed. Mexico’s richest man, Carlos Slim, on Monday praised her negotiations with ...
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Climate vs. economy: Do German voters need to choose?
Jobs, incomes and Germany's flagging economy are major focuses for the country's political parties ahead of elections this month, with many taking aim at climate-protection measures. Friedrich Merz — ...