Page 55 - Inflation Data News Today

(Reuters) -U.S. stock index futures edged higher on Friday, a day after the benchmark S&P 500 breached the 5,000-mark for the first time, while investors looked ahead to inflation data for hints on the timing of the Federal Reserve's first interest-rate cut. The S&P 500 and the blue-chip Dow both hit all-time highs on Thursday, while the tech-heavy Nasdaq closed less than 2% away from its peak as investors cheered strong earnings, particularly from companies poised to benefit fro...

(Bloomberg) -- Treasury yields rose further — with some reaching year-to-date highs — ahead of inflation data that comprise the market’s next test after this week’s auctions went off without a hitch. Most Read from BloombergBiden’s Attempt to Address Memory Issue Backfires With New GaffeChina’s Property Crisis Is Starting to Ripple Across the WorldA 99% Bond Wipeout Hands Hedge Funds a Harsh Lesson on ChinaNew York City Is Considering a Laundry Pods Crac...

The benchmark index sailed past the 5,000 milestone on Friday after revised CPI data showed inflation cooling at a faster rate.

Breaking 5,000 is unlikely to slow the index’s rise, experts say as reports highlight resilient US economy

Rolling coverage of the latest economic and financial news, as China slipped deeper into deflationary territory in January

Rolling coverage of the latest economic and financial news, as China slipped deeper into deflationary territory in January

That final word is also likely the final hurdle between policymakers and interest rate cuts which likely won't begin until "elevated" is dropped from the Fed's policy statement in favor of a new phrase acknowledging inflation was closing in on the central bank's 2% target. With inflation now below the level that caused the Fed to call it "elevated" in the first place, a turn in the policy statement could come as soon as the Fed's March 19-20 meeting and o...

"Everyone should just wait. When we get a negative data point, we can talk about it. Until then, seems to me the economy is doing just fine."

SYDNEY (Reuters) -Australia's central bank held interest rates steady on Tuesday as expected, but cautioned that a further increase could not be ruled out given inflation was still too high and it needed to see more evidence that price pressures were cooling. The hawkish tone of the central bank's statement boosted the Australian dollar and saw futures push out the likely timing of a first easing to later in the year.. Wrapping up its February policy meeting, the Reserve Bank of Aust...

BERLIN (Reuters) -Inflation fell in six economically important German states in January, preliminary data showed on Wednesday, suggesting that national inflation has resumed its downward trajectory and raising hopes for a decline in euro zone inflation. The inflation rate in North Rhine-Westphalia, Germany's most populous state, fell to 3.0% in January from 3.5% in December. Economists will pay close attention to national inflation data later on Wednesday, as Germany and France publish th...