The wait is on for fresh consumer inflation data as investors weigh whether a Donald Trump White House would whip up price pressures.

Forecasters had expected lingering inflation in October. How will the new numbers affect the next Federal Reserve decision on interest rates?

"It seems that each time the noisy categories distort inflation downward, as was the case in the second half of 2023 and again from May through July of this year, Fed officials ta

U.S. inflation ticked higher in October, but stable core price pressures and tame month-on-month gains prompted a sigh of relief on Wall Street and likely supported bets for an end-of-year interest rate cut from the Federal Reserve.

U.S. equity futures edged lower in early Wednesday trading, while Treasury yields moved higher and the dollar steadied, as investors looked to a key inflation reading that could accelerate repricing of the so-called 'Trump Trade' and test the market's solid post-election rally.

The fierce rally in U.S. stocks since November’s presidential election took a pause on Tuesday as bond yields marched higher and investors awaited a new reading on consumer inflation. Inflation became a major flashpoint issue in the 2024 election,

The Consumer Price Index (CPI) report is set to release soon. It's an inflation gauge that looks at how prices urban consumers pay for certain goods and services change over time.