Inflation Rises Unexpectedly, Complicating Picture for the Fed
“Core” C.P.I., which more closely reflects underlying inflation by removing volatile food and energy prices, also showed ...
Euro Falls Versus Dollar After Higher U.S. Inflation Data
The euro turns lower against the dollar after data showed U.S. inflation rose more than expected in January, with CPI up 0.5% month-on-month against expectations in a WSJ poll for 0.3%. The data weigh ...
Higher-Than-Expected CPI Data Fuels Inflation Worries, Hits Stocks
Hotter-than-expected CPI data fuels inflation fears, pushing Fed rate cut expectations further out. Markets react with stock sell-offs and rising bond yields.