Inflation

The January Consumer Price Index came in higher than expected with inflation hot to start 2025. What Happened: CPI rose 3% on a year-over-year basis in January, missing expectations for 2.9%. CPI was up 0.5% on an adjusted basis from December to January, up from 0.4% in the previous report. Rising...

January's inflation data came in hotter-than-expected Wednesday morning with the cost of groceries rising again, due in part to a jump in the price of eggs.  What To Know: The average price of a dozen eggs reached a record-high of $4.95 last month, rising 15.2% and contributing to a 0.5%...

A hotter-than-expected January inflation report triggered sharp market reactions in early trading Wednesday, as investors dialed back their expectations for Federal Reserve rate cuts. Traders pushed the first anticipated Fed rate cut to December 2025, while the second cut is now priced in no...

Price pressures surged more than expected in the first month of the year, fueled by increases in both energy goods and underlying service items, dampening investor expectations for Federal Reserve interest rate cuts. The headline Consumer Price Index rose to 3% year-over-year in data released...

U.S. stock futures fell on Wednesday after a mixed close on Tuesday as Federal Reserve Chairman Jerome Powell began his two-day testimony in front of Congress. All benchmark indices were lower except the Russell 2000. Traders await the inflation data today as economists and betting markets are...

Former Treasury Secretary Larry Summers warned of heightened inflation risks, citing tight labor markets and potential policy shifts, as markets dramatically scaled back expectations for Federal Reserve rate cuts in 2025. What Happened: “This is probably the most sensitive moment we’ve...

Editor’s note: This story has been updated with additional details. Federal Reserve Chair Jerome Powell reiterated on Tuesday that policymakers are in no "hurry" to adjust interest rates, citing lingering inflation pressures despite significant progress toward the Fed's 2% inflation goal....

Economists and betting markets are leaning toward a mild January inflation report, fueling investor hopes that price pressures are cooling and the Federal Reserve could stay on track for interest rate cuts. The headline Consumer Price Index is expected to hold steady at 2.9% year-over-year,...

Investors are recalibrating their expectations for Federal Reserve rate cuts after an unexpected surge in consumer inflation. Fed futures now reflect just 36 basis points of cumulative rate cuts by year-end. This implies only a 50% probability of two reductions, according to CME FedWatch tool....

It's been a cautious week on Wall Street as earnings from mega-cap tech companies prompted investors to reassess their high expectations for future growth. Alphabet Inc. (NASDAQ:GOOG) (NASDAQ:GOOGL) and Amazon.com Inc. (NASDAQ:AMZN) were the latest among Magnificent Seven stocks to fall short of...

Consumer confidence in the U.S. took a bigger-than-expected hit in February as worries over rising inflation weigh on sentiment, posing fresh challenges for the Federal Reserve’s interest rate outlook. The University of Michigan Consumer Sentiment Index dipped to 67.8 in February, according...

One of the Federal Reserve's most dovish policymakers is taking a sharp shift toward a more hawkish posture, warning that new trade tariffs and supply chain disruptions could force the Fed into a difficult position—either slowing down planned rate cuts or reconsidering whether to cut at all....

Editor’s note: This story has been updated to correct Donald Trump’s title to current, not former, president. With President Donald Trump threatening 25% tariffs on Mexico and Canada (though implementation of the tariffs has now been delayed), and the Federal Reserve holding interest...

A key market-based gauge of long-term U.S. inflation expectations has surged to its highest level since October 2023, signaling mounting investor concerns over more persistent price pressures for the economy. The shift in market sentiment, fueled by trade policy uncertainty under the Donald Trump...

The U.S. manufacturing sector surprisingly returned to expansion in January, signaling renewed business optimism, though mounting input costs pose a growing inflation risk for the months ahead. Two key indicators tracking U.S. factory activity that were released Monday showed stronger-than-expected...