WASHINGTON, Nov 20- Underlying inflation pressures rose in October, even as falling gasoline prices kept overall U.S. consumer prices in check, bolstering expectations of a mid-2015 interest rate hike from the Federal Reserve. The Labor Department said on Thursday its so-called core Consumer Price Index, which excludes food and energy, increased 0.2 percent,...» Read More
Japan's core consumer prices slipped for a second straight month in the year to December, signaling the economy was still in deflation and piling more pressure on the central bank to adopt further stimulus steps to achieve its new inflation target.
Australian consumer price inflation was unexpectedly benign last quarter thanks to falls in food, electronics and drugs, suggesting there was still plenty of scope for further rate cuts even if there was no urgency for a move as early as next month.
CNBC's Rick Santelli reports the Consumer Price Index was in line with expectations; up 0.1 percent excluding food and energy. Also, CNBC's Steve Liesman weighs in on the inflation indicator. And CNBC's Kayla Tausche provides and update from JPMorgan's conference call.
Monetary easing by the Federal Reserve may not have led to inflation in the U.S. yet but it continues to divide opinion. Euro Pacific Capital CEO Peter Schiff hit back at economist Paul Krugman on Thursday after the Nobel Laureate derided him in a New York Times column.
CNBC's Rick Santelli and Steve Liesman break down the latest consumer numbers and its impact on the markets.
Rick Santelli argues for "real" spending cuts in the "fiscal cliff" negotiations.
Jim Dunigan, CIO at PNC Wealth Management, tells CNBC about PNC's annual Christmas Price Index, which tracks the prices of every item in the 'Twelve Days of Christmas' song.
The Federal Reserve provided the country’s 19 biggest banks with its the guidelines for the 2013 stress test. Next year, banks will be stressed under three scenarios, the most severe incorporating a slowdown in China, along with severe recessions in the U.S. and Europe.
CNBC's Rick Santelli breaks down the latest numbers on consumer goods and unemployment, with CNBC's Steve Liesman.
Jim O'Neill, Chairman of Goldman Sachs Asset Management, provides perspective on what President Obama's win means for stocks and the economy. And, Jared Bernstein, CNBC contributor, and Tony Fratto, Hamilton Place Strategies, weigh in.
Five central banks will meet in the next week, and this strategist has a trading plan.
CNBC's Rick Santelli, talks with Peter Boockvar, Miller Tabak about the sudden departure of Citi's Pandit, and the impact of the high cost of living on the economy.
CNBC's Rick Santelli breaks down the latest Consumer Price Index numbers.
Kenneth Langone, Invemed Associates chairman & president, discusses education in America and says "America has a serious crisis in educating our children in public schools," and that "we will get to [this issue] a lot quicker if we have a change in the White House."
CNBC's Rick Santelli and Steve Liesman provide an update on jobs, and In a wide-ranging interview, Kenneth Langone, Invemed Associates chairman & president, discusses jobs creation; the presidential election; improving the economy; the upcoming VP debate; and cyber espionage and China.
Discussing the differences between the economic policies of Mitt Romney and President Obama, with Kenneth Langone, Invemed Associates chairman & president, and Nigel Farage, UK Independence Party leader.
"Whatever the number is (jobs), it vastly understates unemployment," said Kenneth Langone, Invemed Associates chairman & president, discussing jobs creation, and getting Americans back to work.
CNBC's David Faber talks with John Burbank, Passport Capital managing member & CIO about ways of restoring an economic recovery in the U.S.
CNBC's Rick Santelli reports the latest data on consumer prices and retail sales, with CNBC's Steve Liesman.
CNBC's Rick Santelli breaks down the numbers on consumer prices and their impact on the economy and inflation, with CNBC's Steve Liesman.