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.
Here's the inflation breakdown for December 2024 — in one chart
The consumer price index, an inflation gauge, rose 2.9% on an annual basis in December 2024 on the back of higher food and ...
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Explainer: What GDP, CPI rebasing means for economy
The National Bureau of Statistics (NBS) is planning to rebase Nigeria's Gross Domestic Product (GDP) and the Consumer Price ...
CPI accelerates in December, as expected; core CPI surprises lower
Excluding food and energy, core CPI gained 0.2% from a month earlier, after increasing 0.3% in each of the previous four months. The latest print slightly trailed the +0.3% consensus and the prior ...
Gold rally stalls with awaited CPI release just around the corner
Gradual US tariff schemes and tuned-down inflation expectations create tailwinds for Gold.
Wall Street has best CPI day since at least 2023
A surge in Treasuries pushed 10-year yields down by almost 15 basis points — easing fears that a 5% rate would be on the ...