CPI report reveals inflation crept higher
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Bitcoin dips to $107K after inflation data triggers a “sell the news” move—but Ethereum shows stronger technical momentum above key support.
Bulls Target $3,429 and $37.33 on CPI and Fed BetsThu, 12 Jun 2025 06:34:40 GMT Natural Gas and Oil Forecast: Crude Rally Pauses as Inflation Data Fuels Fed SpeculationThu, 12 Jun 2025 06:27:31 ...
Live News on Inflation, Consumer Price Index
Gold price remains supported above $3,300 ahead of the US CPI inflation test. Gold price is gathering strength in Wednesday’s Asian trading, having defended the critical support near $3,300 so far this week. However, the further upside hinges on the US Consumer Price Index (CPI) data due later in the day.
Gold rebounds from the support area toward $3,400 ahead of the CPI data release, while silver looks set to surge after breaking above $35.
The Fed is looking less data-driven and more stubborn with every economic data release.
EUR/USD regains impulse and flirts with the area of weekly highs above the 1.1480 level on the back of the marked retracement in the US Dollar, which was particulalry exacerbated after US CPI disappointed estimates in May.
Inflation is set to rise above 3% by 2025, aligning with post-2022 trends. Read why rate cuts are unlikely and what this means for markets.
Stock prices advanced on Tuesday, with the S&P 500 index closing 0.55% higher as investors were hopeful about the U.S.-China trade deal and today’s Consumer Price Index release. The CPI came in ...
In light of the May Consumer Price Index (CPI) data announcement due tomorrow, Goldman Sachs is projecting inflation to rise from 0.05% points to 0.25 % points month-over-month. Year-over-year core inflation may be at 3.5%, an increase from 2.8% in April, despite easing pressures from labor, housing, and the automotive sector.
Economists expected that the CPI would rise 0.3% from March and hold ... associate professor in economics and data analysis at the University of St. Thomas in St. Paul, Minnesota.