The FTSE 100 (^FTSE) and European stocks opened higher on Wednesday ahead of US consumer price index (CPI) inflation data.
Wednesday's Consumer Price Index is expected to show slower increases in January, after Fed Chair Jerome Powell said the central bank would hold rates steady if price growth didn't cool further.
Bond yields rose as investors waited to see if U.S. inflation data would dovetail with the prevailing narrative of no interest rate cuts by the Fed in coming months.
The January reading of the consumer-price index is due at 8:30 a.m. ET. Economists expect the CPI increased 2.9% from a year ...
Inflation likely stayed elevated last month in the latest sign that consumer price growth has gotten stuck after declining ...
Previously, Trump slapped an additional 10% tariff on Chinese goods, a move which led to countermeasures from Beijing that are coming into effect this week. Trump also placed 25% tariffs on Mexico and ...
Treasury yields surged after Powell’s comments, pressuring gold and other metal prices. The prospect of high interest rates ...
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Daily Independent on MSNInflation Rate To Decline Over CBN’s Reforms Gains On EconomyInflation in Nigeria is expected to experience a significant decline in 2025 as the impact of Central Bank of Nigeria (CBN), reforms continue to drive growth and development in key sectors of the ...
The dollar retreated from its recent highs as traders awaited U.S. inflation data and updates on trade tensions. Federal ...
Wednesday's report is expected to show slower price increases in January, after Fed Chair Jerome Powell said the central bank would hold rates steady if price growth didn't cool further.
The growing pressures of paying for the state pension means the triple lock could soon come under scrutiny, an expert has ...
Investors are braced for more Trump tariffs as focus turns to inflation and Fed Chair Jerome Powell's Senate testimony.
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