One of the most consequential takeaways from the latest PCE report showed that core inflation, which excludes volatile food and energy prices, was stable in December. An earlier reading from the CPI ...
The S&P/ASX 200 closed 46.7 points higher, up 0.55%. Aussie stocks tipped a new record high today as investors waded back ...
The Fed is expected to hold rates steady, but core inflation remains high. See why rising bond yields signal market doubts ...
London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves ...
The Fed has a dual mandate: First, it aims to keep prices stable, which means maintaining a rate of inflation of around 2% per year as measured by the Consumer Price Index (CPI). Second ...
The first chart is an overlay of headline CPI and core CPI (excludes Food and ... the Fed traditionally uses the Personal Consumption Expenditure (PCE) price index as their preferred inflation ...
US stocks (^GSPC, ^IXIC, ^DJI) closed higher on Wednesday as inflation cooled, with the December CPI report easing concerns. The inflation data showed the December CPI rising 0.4% monthly and 2.9% ...
For the last 6 months, PCE inflation has run close to the 2% target. There's been an uptick in business confidence and uncertainty since the election. The CPI report is somewhat encouraging ...
Case in point, Core M/M CPI came in at 0.2 vs 0.2 forecast and 10yr yields quickly dropped by 15bps and never rebounded. That's quite something and it either emphasizes the market's anxiety about ...
We knew that today's Consumer Price Index (CPI) was a hotly anticipated economic report that at least had the potential to give rates a big push, and it didn't disappoint. Any time we're dealing ...