Dollar weakens after CPI shows cooling inflation; yen firms on BOJ talk
The dollar weakened against major peers on Wednesday after cooler-than-expected data eased fears that inflation was ...
Fed’s Barkin Says CPI Data Show Inflation Headed Toward 2% Goal
Federal Reserve Bank of Richmond President Tom Barkin said fresh inflation data show the central bank continues to see ...
The VIX Slides as Investors Cheer CPI and Bank Earnings
That sound you heard coming from Wall Street on Wednesday? A huge sigh of relief following strong earnings from Dow ...
Inflation up 2.9% year-over-year in latest CPI report
The latest consumer price index report shows inflation rose 2.9% year-over-year in December, marking three months of ...
Dow rises over 600 points as Wall Street sees best CPI day since at least late 2023
Investors were cheering the latest consumer-price index report, which that showed core inflation unexpectedly slowed in December, putting U.S. stocks on pace for their best CPI day in at least 14 ...
DoubleLine's Gundlach says the Fed looks like Mr. Magoo, focuses too much on ‘short-termism'
DoubleLine Capital CEO Jeffrey Gundlach believes the Federal Reserve is missing the bigger picture again.
Wall Street's 'fear gauge' is sliding amid post-CPI stock rally
Wall Street finally has something to celebrate after starting the new year on a dour note. Wednesday’s sharp rally in the U.S. stock market triggered a sudden slide in Wall Street’s “fear gauge,” ...
Fed's Williams Expects Disinflation to Continue
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 ...
Bitcoin price nears $100K as US dollar dips on CPI relief
BTC price strength accompanied the December print of the US Consumer Price Index ( CPI ), which met expectations. Like the Producer Price Index (PPI) the day prior, the release showed that inflation, ...