The CPI report for February to be reported in March is expected to show cooling inflation per nowcasts, but even so the FOMC ...
Powell's testimony to US Congress last week emphasized that the central bank is not rushing to lower interest rates.
Consumer Price Index inflation rose 0.5% month-on-month, likely incrementally delaying any Federal Reserve plans for interest rate cuts.
The January 2025 CPI data are scheduled to be released ... goal,” said Powell in his testimony to Congress yesterday. US Fed’s FOMC has cut rates by 100bps till now but kept the rates ...
Last week brought higher-than-expected CPI data which initially rattled markets, though the S&P 500 ($SPX) (SPY) showed resilience and maintained levels near all-time highs. This week brings a lighter ...
The Federal Reserve’s preferred inflation gauge cooled as expected in January; however, the good news came with another ...
The dollar index (DXY00) today is up by +0.38% at a 1-week high. The dollar jumped today after US Jan CPI unexpectedly accelerated, dampening expectations for additional Fed rate cuts and signaling ...
(Reuters) -The U.S. consumer price index increased more than expected in January, reinforcing the Federal Reserve's message that it was in no rush to resume cutting interest rates amid growing ...
US Jan CPI unexpectedly accelerated to +3.0% y/y from ... The markets are discounting the chances at 2% for a -25 bp rate cut at the next FOMC meeting on March 18-19. EUR/USD (^EURUSD) today ...