The Latest Breaking News from Inflation

Hewlett Packard, American Express and Pfizer among firms to have frozen increases in payouts despite inflation

US PBM reform efforts face setback as Congress fails to pass transparency measures. FTC takes action against major PBMs for alleged insulin price inflation.

It was a mixed session for global stocks as investors continue to digest key economic releases and central bank signals.

The S&P 500 Index ($SPX ) (SPY ) today is up +1.02%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +1.15%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +1.08%. March E-mini S&P futures (ESH25 ) are up +1.03%, and March E-mini Nasdaq futures...

The dollar index (DXY00 ) today edged to a new 2-year high but then fell back and is currently down -0.32%. The dollar was undercut by the US PCE deflator report, which was dovish for Fed policy and caused weaker US interest rate differentials with the 10-year T-note yield down...

Dramatic economic slowdown means chancellor could face lower receipts and higher borrowing costs in 2025

Recent data shows minimal inflation growth, prompting Fed to reduce rate cuts while supporting economic growth through strategic monetary policy adjustments.

The Federal Reserve's preferred inflation measure rose for a second straight month in November, according to government data published Friday, although the increase came in a touch below expectations.

The inflation numbers came in lighter than expected which is encouraging to investors.