CPI report is a relief. Why Fed isn't likely to 'trouble trouble' with cuts.
"It's good news," said Kathy Jones, chief fixed income strategist at Schwab Center for Financial Research. But without a plunge in CPI, which the latest report pegged at 2.9% on a yearly basis, or significant softening in the labor market or economy, Jones expects the Fed to stay on hold about cutting short-term rates further.
Gold prices held nearly steady on Tuesday as market participants maintained caution ahead of key U.S. inflation data, which ...
Stocks bounced around all day long, with traders unwilling to make any significant bets as they awaited key inflation data ...
Investors remain on edge about policy uncertainty a week before President-elect Donald Trump's inauguration promises to bring ...
Traders should keep watch on US Retail Sales data on Thursday, as it could increase volatility to Bitcoin price.
The pound dipped slightly against the dollar after data that showed British inflation unexpectedly slowed to an annual rate ...
Housing inflation held steady in December, an encouraging sign for one of the most stubborn drivers of consumer price growth.
The Dow Jones Industrial Average (DJIA) climbed around 750 points at its peak on Wednesday, pushing into the bullish side to ...
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