Page 61 - Inflation Data News Today

Investors will eye the Consumer Price Index (CPI) data due on Tuesday, which is expected to show headline inflation remaining unchanged in November, followed by the Producer Price Index (PPI) and the last interest rate decision of the year from the Fed on Wednesday.

Consumer prices rose 3.1 percent over the past year as annual inflation continued to decline, according to data released Tuesday by the Labor Department. The Labor Department’s consumer price index (CPI) fell from an annual inflation rate of 3.2 percent in October after prices rose just 0.1 percent last month. Economists expected the annual inflation…

Markets expect Federal Reserve to stay put on rates on Wednesday

Indias headline inflation rate fell to 4.87 percent in October thanks to a favourable base effect and the cooling of vegetable prices. However, the reversal of these two factors is set to push inflation close to 6 percent in November

NEW YORK (Reuters) -U.S. stocks closed higher on Tuesday as the major indexes hit fresh highs for the year, after inflation data did little to alter views for the timing of a rate cut by the Federal Reserve, as investors awaited the central bank's last policy decision of the year on Wednesday. The November Consumer Price Index (CPI) rose 3.1% on an annual basis, in line with estimates from economists polled by Reuters, as a drop in gasoline prices was overshadowed by a rise in rents. On a m...

"After all the hopes and chatter around near-term rate cuts, today's CPI report is a little bit of a mood dampener."

Inflation in most categories is back to normal ranges, with one exception: rent.

The S&P 500 was muted and Nasdaq inched lower on Monday in the run-up to an action-packed week that includes the Federal Reserve's policy meeting and inflation data, both of which will test investor optimism about monetary policy easing next year. The upbeat sentiment around stabilizing interest rates and robust quarterly earnings caused equities to rebound towards the end of the year, with the benchmark S&P 500 hitting its highest intra-day level of the year. The S&P 500 a...

The S&P 500 rose 0.2% this week, marking its sixth-straight weekly increase, the longest such winning streak in about four years. The index stands at its highest closing level since March 2022.

(Bloomberg) -- From Washington to Frankfurt to London and beyond, central bankers are approaching their final decisions of the year against a backdrop of unease at how the global inflation cycle is turning.Most Read from BloombergApps That Use AI to Undress Women in Photos Soaring in UseThe Record Rush to Buy a Rolex or a Patek Philippe Is OverApple’s iPhone and Watch Product Design Chief to Leave in Shake-UpStock Faithful Ride $7 Trillion Rally as Market Timing BackfiresDecisive Moment A...