News

CPI rose 2.9% in August, meeting forecasts as inflation ticked higher

Today's CPI report marks the last major piece of economic data before the Federal Reserve's Sept. 17 rate decision meeting.

Firm US CPI in August highlights Fed conundrum

The Fed’s preferred inflation measure is the PCE index, not CPI. Data for August on this measure will be released after the central banks’ rate-setting meeting on September 17, although it is unlikely ...

CPI: Consumer prices rose 0.4% in August; higher than expected

Urban American consumers are paying more for good and services while more are out of work, according to the U.S. Bureau of ...

Bitcoin, XRP, Ethereum Slip as Crypto Rally Stalls. Fed Rate Cuts in Focus After CPI Report.

Cryptocurrencies are being boosted by hopes of multiple cuts this year and by hype around IPOs and crypto treasury companies.

Stock market today: Dow tops 46,000, S&P 500 and Nasdaq notch records as CPI, jobs data clears way for Fed cut

US stocks were on pace for record closes as Wall Street's attention turned from an upbeat day marked by renewed AI fervor to ...

Tame CPI won't lead to 50-basis-point cut in September, Wells Fargo economist

A tame CPI report won't move Federal Reserve officials to back a 50-basis-point rate cut in September, believes Sarah House, ...

US stock index futures muted ahead of key inflation data

U.S. stock futures were subdued on Thursday as investors preferred to stay on the sidelines ahead of crucial inflation ...

CPI Report Today: Dow Futures Edge Up Ahead of August Inflation Data

The consumer-price index for August is due this morning. It's the latest insight into the direction of inflation before the Fed meets next week on interest rates. Follow along for live updates on the ...