Canada's main stock index rose on Wednesday as investors welcomed a U.S. inflation print that lifted hopes for more rate cuts ...
The economy is in a very good place and has returned to balance, as have the risks to the two sides of our mandate,” Williams ...
Inflation in the U.S.is “moving toward our goal of 2%,” but recent progress has been “choppy” and “it will take more time” to achieve success, the president of the New York Federal Reserve said ...
HARTFORD, Conn.--Wednesday morning's inflation report brought reassuring signs that price pressures cooled to end 2024. New York Fed President John Williams, a permanent voter on the central bank's ...
The consumer price index, an inflation gauge, rose 2.9% on an annual basis in December 2024 on the back of higher food and ...
Federal Reserve Bank of Richmond President Tom Barkin said fresh inflation data show the central bank continues to see ...
The CPI report for December registered a 2.9% year-over-year rise and a 0.3% rise compared to November, but core inflation is ...
The end of 2024 proved to be a mixed bag when it comes to inflation. Energy prices surged in December and food inflation levels remained more elevated than the summer—which likely left many consumers ...
Consumer Price Index showed an acceleration to 2.9%, the highest rate since July. With such high inflation, the Fed is ...
US stocks soared as traders cheered encouraging inflation data, while the 10-year Treasury plunged 13 basis points.
US stocks jumped at the open after consumer price data showed inflation continues to slow. Strong bank earnings also helped ...
US stocks rallied Wednesday after an encouraging inflation report and blockbuster profits for some of America’s biggest banks.