Consumer price index data for November showed much lower core inflation, giving an early Christmas present to Wall Street. The S&P 500 rallied, extending an overnight rebound after the CPI and initial ...
The December CPI report is "pretty confusing" with the softer reading due to good prices, Tiffany Wilding, an economist at Pimco, said in an interview with Bloomberg. "It was a mixed bag," with uneven ...