CPI edged higher in December, complicating the Fed's upcoming decision on rate cuts
Inflation is proving stickier than expected, which could cause Fed to hit pause button on more interest rate cuts.
Stocks open sharply higher as Wall Street gets relief from softer-than-expected core CPI inflation data
U.S. stocks were surging on Wednesday morning as Treasury yields fell after core inflation data came in below expectations, boosting bets that the Federal Reserve will still be able to cut interest ...
Dow tumbles nearly 700 points Friday as strong jobs report casts doubt over Fed's rate-cut path
The moves come as Wall Street is gearing up for December's nonfarm payrolls reading, which is scheduled to come out at 8:30 a ...
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Dollar, U.S. 10-Year Treasury Yields Rise to 2-Year High After Strong Data Dim Rate-Cut Prospects
The dollar hit fresh highs against several currencies and U.S. 10-year borrowing costs increased in tandem, continuing their ...
The Dow plunges 600 points as a strong jobs report and inflation fears crush rate cut hopes
The Dow fell 600 points on Friday morning after new job reports surpassed expectations, and the Federal Reserve indicated ...