The RBA has maintained the Official Cash Rate (OCR) steady at 4.35% since November 2023, claiming inflation needs to “sustainably” return to its target band of 2% - 3% before considering a rate cut.
The Consumer Price Index report for January is expected to show broadly unchanged annual inflation according to nowcasts.
CPI was softer than expected, with headline CPI up 0.4% and core CPI up 0.2%, leading to YoY rates of 2.9% and 3.3%, ...
Inflation is proving stickier than expected, which could cause Fed to hit pause button on more interest rate cuts.
The Labor Department released the inflation report for December, which showed prices were up 2.9% from a year ago, in line ...
US CPI rose 0.4% MoM and 2.9% YoY. The market reacted bullishly, with bond yields dropping and equity futures rising. See ...
A key inflation metric eased for the first time since July as investors debate the Federal Reserve's next interest rate ...
The cost of living rose more in December than the month before, as rising energy costs hurt household budgets and stoked ...
The closely scrutinized monthly consumer-price index is due at 8:30 a.m. ET. Here are some key points to know ahead of the ...
The Consumer Price Index rose 2.9 percent from a year earlier, but a measure of underlying inflation was more encouraging.
U.S. consumer prices increased slightly more than expected in November as energy costs rose, pointing to an inflation trend ...
The consumer price index, an inflation gauge, rose 2.9% on an annual basis in December 2024 on the back of higher food and ...