Hot US Core CPI Boosts Fed Rate Hike Odds to 86%
US core CPI unexpectedly accelerated to 0.3% month-over-month in August, driven by sticky services and surging energy costs. The hotter reading raised the probability of a 25-basis-point Federal Rese…
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Recently added · Page 1Hot US CPI Stokes Fed Rate Hike Odds, Sinks Equities and Gold
August core CPI rose 0.3% month-over-month, topping forecasts and boosting market bets for a Federal Reserve rate hike next week to 90%. Resurgent price pressures and surging oil costs are fueling ha…
US Core CPI Beats Forecasts, Triggers Sharp Drops in Gold and Bitcoin
August US headline CPI met expectations, but core CPI rose 0.3% month-over-month, beating forecasts. The sticky inflation reading sparked uncertainty over upcoming Federal Reserve interest-rate cuts,…
S&P 500 Rallies 1% as US CPI Relief Offsets Fed Rate Hike Fears
US headline CPI met expectations at 3.4% year-on-year, driving a relief rally in the S&P 500 and Bitcoin despite core inflation ticking up 0.3%. Markets shrugged off early jitters, even as bets on a …
US Core CPI Heats Up to 0.3%, Fueling Fed Rate Hike Odds and Boosting Dollar
August US headline CPI rose 3.4% annually, matching forecasts, while core CPI accelerated 0.3% month-over-month, beating expectations. Driven by surging energy and shelter costs, the data solidifies …
CPI Report Looms: Inflation Cools Slightly as Iran Tensions Spike Oil
Wednesday's CPI is expected to show 3.4% annual inflation, slightly cooler than June, while Iran-related oil volatility adds uncertainty. Fed rate hike odds sit near 50-50 for September amid mixed in…