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The final CPI release before the Fed's meeting is expected to be released at 8:30 a.m. ET on Wednesday. Wall Street economists expect headline inflation rose 2.7% annually in November, an increase ...
In corporate news, quarterly results from JPMorgan , Citi , Wells Fargo , Bank of America , BlackRock , Goldman Sachs , Morgan Stanley , and Taiwan Semiconductor will highlight the week. A 'pivot ...
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Recently, progress on inflation appeared to be stuck or, at worst, reversing: A closely watched gauge of underlying price hikes — an index that excludes highly volatile categories — hadn’t ...
Consumer spending, which accounts for more than two-thirds of U.S. economic activity, jumped 0.7% in December after an upwardly revised 0.6% rise in November. Spending was previously reported to ...
The economic outlook, he added, "remains highly uncertain, especially around potential fiscal, trade, immigration, and regulatory policies" — a reference to possible changes that could happen as ...
A fresh update will come next week with the release of the Consumer Price Index (CPI) for December. Wall Street economists expect headline inflation rose 2.9% annually in December, an increase ...
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