Tag: CPI

The October Consumer Price Index (CPI) report is due to be released on Tuesday, with investors expecting it to play a major role in influencing the Federal Reserve's next interest rate decision in December. Markets are expecting the CPI report to show a headline inflation...

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...

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...

Futures in New York rose on Thursday morning as markets await the release of the July Consumer Price Index (CPI) report, which is expected to heavily influence the Federal Reserve's decision on whether or not to continue its interest rate hiking agenda. S&P 500 futures...