US inflation still slowing as producer prices rise below expectations in December
U.S. producer prices rose less than expected in December as higher costs for goods were partially offset by stable services prices, suggesting inflation remained on a downward trend after progress had stalled in recent months.
Investors are gearing up for December's crucial consumer price index to determine the direction of Fed policy.
Crude oil prices rallied sharply following the release of better-than-expected US CPI data, fueled by optimism about ...
The producer price index, which measures the costs of goods traded between companies, rose 2.3% from the previous year to 122 ...
US stocks gained after cooler-than-expected producer price index data soothed inflation concerns. The numbers on Tuesday ...
US wholesale inflation unexpectedly cooled in December, helped by a drop in food costs and flat services prices that may help ...
Stock futures rose ahead of December’s consumer price index report. The SEC sued Elon Musk over his 2022 purchase of Twitter.
Consumer Price Index showed an acceleration to 2.9%, the highest rate since July. With such high inflation, the Fed is ...
Investors are weighing what a reported gradual rollout of Trump tariff hikes could mean for inflation and the Fed.
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