Analysis of US CPI Report for December
There have been some troubling signs of inflation expectations picking up. The University of Michigan’s gauge of consumer expectations for price rises over the coming 5 to 10 years jumped to 3.3% in the preliminary January reading -- the highest since 2008. Now, politics was at play there: Democrats’ inflation expectations exploded, while those of Republicans tumbled. But it goes to show the nervousness about Trump’s agenda on the part of many Americans.
Consumer inflation data came in slightly hotter than expected in December. Consumer prices were up 2.9% for the 12 months ended in December as compared to 2.7% in November, according to the latest ...
Japan's yen strengthened on Wednesday on growing bets on a rate hike at the Bank of Japan's next meeting, while cooling ...
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Binance BTC open interest jumps $500M hours after ‘favorable’ US inflation dataCryptoQuant contributor Burakkesmeci said the crypto market experienced a “strong rally” as US inflation data “painted a ...
The consumer price index (CPI) rose 2.9 percent year-over-year in December, the largest annual increase since July. When ...
Most stock markets in the Gulf ended higher on Wednesday ahead of highly anticipated U.S. consumer price index data, which ...
U.S. inflation data out Wednesday showed consumer prices ticked up more than expected in December amid higher gas prices. The ...
The better-than-expected data sent the blue-chip Dow Jones Industrial Average surging more than 700 points, or 1.7%, as ...
Japan's yen firmed on Wednesday on growing bets on a rate hike at the Bank of Japan's next meeting and cooling British ...
The incoming president is set to inherit three months of rising inflation from his predecessor, the Consumer Price Index ...
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