S&P 500 is slightly down this morning after the U.S. Bureau of Labour Statistics said consumer prices rose in line with expectations last month. Expert reacts to the CPI print On a year-over-year ...
Tag: Inflation
Here’s the inflation breakdown for December 2022 — in one chart
Kentaroo Tryman | Maskot | Getty Images The inflation rate declined in December as consumers saw prices plummet at the gasoline pump, providing another hopeful sign for households that price pressures...
Bitcoin: U.S. Inflation, debt crisis, and more might threaten BTC’s 2023
Bitcoin is in the accumulation zone according to the BTC pricing model. Demand for BTC experiences a recovery as hopes for a recovery bloom. Bitcoin [BTC] investors are going through renewed hope for ...
Inflation Fell 0.1% In December—But Prices Still Spiked 6.5% Over The Past Year
Topline Inflation in December grew at the slowest pace in more than a year as overall prices fell from one month prior—a welcome sign for the economy as the Federal Reserve decides how aggressively it...
Inflation Drops Further to 6.5% – Trustnodes
High inflation may well have been transitory afterall with it down now for the past six months to hit its lowest level in more than a year. The Bureau for Labor Statistics said the Consumer Price Inde...
Is The Price Of Eggs Rising Because Of Inflation? Not Exactly.
| Getty Images Key Takeaways Egg prices have more than doubled since the start of 2021. These increases are primarily due to inflation and avian flu outbreaks. The end of bird flu outbreaks has histor...
BREAKING: US inflation at 6.5%, what does it mean for markets?
US inflation 6.5%, what does it mean for markets? The most important number in finance, the US CPI number reporting on the latest bout of inflation, was released Thursday. The headline number landed a...
Consumer prices fell 0.1% in December, in line with expectations from economists
Inflation closed out 2022 in a modest retreat, with consumer prices posting their biggest monthly decline since early in the pandemic, the Labor Department reported Thursday. The consumer price index,...
A Change In Philosophy At The Fed Is Long Overdue – Part Two
Federal Reserve Chair Janet Yellen, center, Stanley Fischer, left, vice chairman of the Board of … [+] Governors of the Federal Reserve System, and Bill Dudley, the president of the Federal Rese...
Inflation is going to surprise investors again in 2023
A version of this article first appeared in the Morning Brief. Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET. Subscribe Thursday, January 12, 2023 Today̵...
Stocks Climb With All Eyes on US Inflation Report: Markets Wrap
(Bloomberg) — Stocks in Europe and Asia gained as traders wagered that US inflation is cooling, reducing pressure for aggressive rate hikes from the Federal Reserve. Most Read from Bloomberg The...
Bitcoin, Ether continue run up ahead of U.S. inflation report; Avalanche surges
Bitcoin and Ether prices rose in Thursday morning trading in Asia along with most other top 10 non-stablecoin cryptocurrencies, continuing almost a week’s run of price gains on signs of slower inflati...
Dow Jones Futures: Stock Market Rallies Into CPI Inflation Report; Amazon Leads Megacaps
Dow Jones futures were little changed after hours, along with S&P 500 futures and Nasdaq futures. X The stock market rally on Wednesday extended recent gains ahead of Thursday’s CPI inflatio...
Why Thursday’s U.S. CPI report might kill stock market’s hope of inflation melting away
A mild stock market rally to kick off the new year will be put to the test Thursday when investors face a highly-awaited U.S. inflation reading which could well help determine the size of the Federal ...
Fed: Jerome Powell remains hawkish on inflation
At the Riksbank International Symposium, Fed Chairman Jerome Powell hints without mincing words that even for 2023 there will be rate hikes probably up to 5% and that the Fed’s action will not stop re...
Fed Chair Powell Silent As Bond Markets See Recession, Rate Cuts
Often, it’s what isn’t said that deserves the most attention. Federal Reserve Chairman Jerome Powell’s decision to sidestep the issue of inflation and rate hikes during a central b...
BTC Hits Fresh 3-Week High, Ahead of Thursday’s US Inflation Report – Market Updates Bitcoin News
Bitcoin raced to a fresh multi-week high on Wednesday, as markets turned their attention to tomorrow’s U.S. inflation rate report. Thursday’s report is expected to show that consumer prices have falle...
Morgan Stanley’s Mike Wilson issues correction warning
Morgan Stanley’s Mike Wilson is telling investors to brace for a winter downdraft. He warns S&P 500 is vulnerable to a 23% drop — bringing it to 3,000. “Even though a majority of insti...
When is the US inflation data and how will it impact EUR/USD?
The EUR/USD exchange rate drifted upwards as focus shifted their focus on the upcoming US inflation data. It was trading at 1.0750, the highest point since June 9 of 2022. The euro has surged by more ...
Stocks, US Futures Steady With Inflation in Focus: Markets Wrap
(Bloomberg) — European stocks and Wall Street equity futures were steady with traders preparing for a key reading of US consumer prices as they assess the outlook for central bank policy. Most R...
Market Rally Reclaims Key Levels Ahead Of CPI Inflation Report; Medpace, First Solar Flash Buy Signals
Dow Jones futures were little changed early Wednesday, along with S&P 500 futures and Nasdaq futures. X The stock market rally was indecisive for much of Tuesday, but the major indexes gained stea...
Fed’s Bowman says there’s ‘a lot more work to do’ to bring down inflation
Federal Reserve Bank Governor Michelle Bowman gives her first public remarks as a Federal policymaker at an American Bankers Association conference In San Diego, California, February 11 2019. Ann Saph...
Powell stresses need for Fed political independence on tackling inflation
Federal Reserve Chairman Jerome Powell on Tuesday emphasized the need for the central bank to be free of political influence while it tackles persistently high inflation. In a speech delivered to Swed...
Despite Warning Signs, 95% Of Manufacturing Executives Say They’re Optimistic, According To A New Poll By Forbes, Xometry And Zogby
Despite nagging fears of a recession, manufacturing execs are optimistic about the future, with a majority planning to increase hiring and spend on technology. IT’s been a tough year for manufacturers...
Markets Are Underestimating Inflation Again, BlackRock and Fidelity Warn
(Bloomberg) — Some of the world’s largest asset managers such as BlackRock Inc., Fidelity Investments and Carmignac are warning markets are underestimating both inflation and the ultimate peak o...
Stocks Dip, Powell, Pfizer Oak Street, Microsoft-5 Things To Know
Five things you need to know before the market opens on Tuesday January 10: 1. — Stock Futures Slip Lower On Hawkish Fed Signals U.S. equity futures slipped lower Tuesday, extending a move from...
Short-term inflation expectations drop to lowest level since ’21: NY Fed
Consumer expectations for inflation over the next year dropped to the lowest level since July 2021, according to a survey from the New York Federal Reserve released Monday. Expectations for inflation ...
What Does 2023 Have In Store For The Grocery Industry?
New year 2023 food trends. getty 2023 will be a challenging year for food retail and CPG, but what else is new? Nearly 3 years into a pandemic-induced hangover, the grocery industry continues to under...
Consumers see inflation, and spending, cooling, New York Fed survey shows
People shop for goods at a Publix in Nashville, Tennessee, on December 22, 2022, ahead of winter storm Elliot. Seth Herald | AFP | Getty Images Consumers see the inflation burden easing while they ex...
Billionaire Chamath Palihapitiya Predicts Third Chapter of Inflation To Play Out in 2023 – Here’s His Strategy
Billionaire venture capitalist Chamath Palihapitiya says that he expects inflation to persist this year as a fresh narrative takes shape. In a new episode of the All-In Podcast, Palihapitiya predicts ...
Two More Rate Hikes Left From Fed, According To Markets
Markets believe the Fed may soon stop raising rates, with the most likely path two more hikes in … [+] 2023 (AP Photo/Kiichiro Sato, FILE) Copyright 2019 The Associated Press. All rights reserve...
EUR/USD price forecast amid euro area annual inflation dropping to 9.2%
Last Friday, while everyone waited for the Non-Farm Payrolls report to be released in the United States, one piece of economic data from Europe mattered more for euro traders. That is, the CPI Flash E...