Managing partner and Chief Investment Officer of the Armstrong Advisory Group, Chuck Zodda breaks down this week's financial news including the CPI Inflation report.
That being said, the people surveyed for this information represent only a small fraction of the U.S. population. Additionally, gathering data takes time, so CPI inclusions are usually based on ...
The dollar index (DXY00) Wednesday fell by -0.16%. The dollar posted moderate losses Wednesday as T-note yields fell on the Fed-friendly US Dec CPI report that showed an unexpected easing of core ...
US stocks spiked Wednesday morning, as the CPI report boosted traders’ hopes that the Federal Reserve will continue its rate-cutting campaign this year. The Dow was up by almost 700 points in ...
The Consumer Price Index is the chief benchmark economists use to measure inflation. The U.S. Bureau of Labor Statistics calculates the CPI each month by collecting information on the price of ...
Entering 2025, models from forecasting companies like Trading Economics anticipate inflation rates between 2.4% and 2.9% ...
Japan's yen strengthened on Wednesday on growing bets on a rate hike at the Bank of Japan's next meeting, while cooling British inflation offered relief to the pound, but traders were reluctant to buy ...
The so-called core consumer price index — which excludes food and energy costs — increased 0.2% after rising 0.3% four straight months.
The benchmark S&P 500 ( ^GSPC) popped more than 1.8%, while the Dow Jones Industrial Average ( ^DJI) rose more than 1.6%, or ...