Tag: Consumer Price Index

The Federal Reserve faces a hurdle in its effort to bring an end to its aggressive monetary policy in the face of high inflation. August's Consumer Price Index report released on Wednesday showed that U.S. consumer prices rose on a monthly basis at the...

Data released by the Bureau of Labor Statistics on Wednesday morning revealed that consumer prices rose in August. The Consumer Price Index (CPI) rose 0.6% on a month-over-month basis and by 3.7% compared to August last year. These increases were largely driven by a...

U.S. stocks rose on Wednesday after the release of strong U.S. consumer inflation data. The Nasdaq Composite Index was up 0.5%, erasing a 1% loss during the previous session, while the S&P 500 gained 0.3%. The Dow Jones Industrial Index edged 0.1% higher. The Consumer...

China's economic pressures eased in August as consumer prices rose, showing signs that the world's second-largest economy may have gotten over its worst post-pandemic economic slump. Data released by the National Bureau of Statistics on Saturday showed that China's consumer price index rose by 0.1%...

The U.S. dollar was put on track for a fourth consecutive weekly gain on Friday after July's Consumer Price Index (CPI) report indicated that inflation did not rise as strongly as expected. As a result, markets are expecting the Federal Reserve to pause its...

Equity futures in New York advanced on Friday morning as investors continued to reflect on July's Consumer Price Index (CPI) released the previous day. The CPI came in at 3.2%; higher than June's 3% but lower than Wall Street estimated of 3.3%. Futures on the...