Despite this week’s consumer price index report, inflation is still at high levels, giving investors anxiety. Inflation has been imparting a double-hit on many stocks; it has compressed the oper...
Tag: Inflation
Entrenched Inflation Vs. Transitory Inflation
| Getty Images Key Takeaways Transitory inflation tends to be short-lived and circumstantial, while entrenched inflation tends to stick around even after the immediate problems that spurred it on have...
Biggest Stock Market Rally In Years Looks ‘Overdone’ Since Fed Has Yet To Beat Inflation
Topline Investors plowed into the stock market this week after a monthly inflation report ended a streak of worse-than-expected data this year, fueling the biggest rally in years on hopes the Federal ...
Dollar Index (DXY) Parabolic Rise Breaks Down as US Inflation Declines
The U.S. dollar index negatively correlates with traditional stocks and the cryptocurrency market. If the DXY has indeed already reached the macro top of this cycle, it is likely that Bitcoin has alre...
How has the Announcement of Inflation Rates Affected Crypto Prices?
Join Our Telegram channel to stay up to date on breaking news coverage After a turbulent week, the crypto prices have a chance to catch their breath as the CPI data shows that the inflation rate has s...
U.S. stocks could rally another 25% now that Fed no longer has ‘back against the wall’ in inflation fight
One of Wall Street’s most implacable bulls has laid out his argument for why he thinks U.S. stocks can continue to rally into the year’s end after Thursday’s game-changing October inflation data. Tom ...
ETH Moves Higher as Markets Continue to React to US Inflation Report – Bitcoin News
Ethereum was trading higher on Friday, as cryptocurrency markets continued to rebound, following yesterday’s U.S. inflation report. The better-than-expected 7.7% CPI (consumer price index) figure for ...
History repeating itself; Rising popularity of USDT amid Inflation in Lebanon
Lebanon is suffering from financial and Healthcare crises in the country. Amid the country’s crisis and inflation, Lebanon’s citizens are attracted to USDT coins. Citizens of Lebanon adopting cryptoc...
Inflation data raises doubts about whether Fed will ‘stay the course’: Morning Brief
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 Friday, November 11, 2022 Today’s newsletter...
EUR/USD price forecast after the latest US inflation report
The story of the week, and perhaps of Q4 2022, is inflation cooling off in the United States. Higher inflation drove the US dollar higher for most of the year, and each report disappointed. Until yest...
Cryptos Recover Slightly From FTX Fatigue With a Dose of Encouraging Inflation Data
Ether was recently changing hands over $1,300, up almost 17% from Wednesday, same time. All other cryptos in the top 20 by market capitalization were feeling more like themselves again, rising well in...
‘We’ve seen this before,” warns BofA. Why inflation could take until 2024 to fall to 3% and weigh on stocks.
U.S. stocks roared higher Thursday after October’s consumer-price index showed inflation rising at a less aggressive annual pace than expected, spurring hopes that the Federal Reserve’s inflation flig...
M2 money supply could be a better measure of inflation than CPI
When markets turn red and inflation starts soaring, both regulators and consumers turn to CPI as a gauge for the damage done by soaring prices but in the chaos that ensues as markets enter into a rece...
Stocks Soar on US Inflation, China Quarantine Cuts: Markets Wrap
(Bloomberg) — Global stocks extended gains as China’s easing of quarantine rules added fuel to the rally that began on Wall Street after slower-than-projected US inflation data. Most Read from B...
Stocks Reap Double-Digit Returns After Inflation Peaks, History Shows
(Bloomberg) — The euphoria that’s sweeping through the stock market Thursday has strong justification in history: whenever inflation has peaked, double-digit gains have followed. Most Read from ...
Inflation Cools, Bitcoin and Stocks Bounce
Cryptocurrencies and equities posted significant gains Thursday following several sessions in the red as inflation data came back better-than-expected and digital asset traders digested the fall of FT...
Bitcoin Rises After Inflation Numbers Reveal Slowdown
Bitcoin rose as the U.S. Consumer Price Index increased by 0.4% from Sep. 2022 to Oct. 2022, following slower price increases for cars and medical care as a result of hawkish tightening by the Fed. Th...
U.S. Annual CPI Inflation Declines To 7.7% In October
Inflation in the U.S., as estimated by the Consumer Price Index (CPI), decreased to 7.7% on a yearly basis in October from 8% in September, according to a report released on Thursday by the U.S. Burea...
Dow Has Best Day Since 2020 On Inflation Optimism—But One Analyst Warns It’s ‘Yet Another Triumph Of Hope Over Reality’
Topline Stocks skyrocketed Thursday after the latest inflation reading revealed the Federal Reserve’s battle to bring down prices is finally bearing fruit, though experts say it’s merely the first ste...
Dow Jones Soars 1,200 Points On Inflation Report: Why The Market Rally May Have Room To Run
Dow Jones futures were little changed overnight, along with S&P 500 futures and Nasdaq futures. X The stock market rally surged Thursday following a cooler-than-expected CPI inflation report, with...
Jim Cramer says a slowdown in the logistics industry suggests inflation could be coming down
CNBC’s Jim Cramer on Thursday said that inflation could finally be cooling off as the freight industry’s pandemic boom wanes. “We caught a real break today with a much lower-than-exp...
Bitcoin Jumps on Inflation Cooling, YoYos on FTX Liquidation – Trustnodes
Bitcoin rose more than 10% to just under $18,000 from a recent low of $15,500 while Nasdaq has risen a very rarely seen 7.35%. Inflation rose 0.4% in October, below expectations of 0.6%, and 7.7% over...
This Is Why Today’s Inflation Number Is Not As Good As It Seems
Mary Daly, president of the San Francisco Federal Reserve Bank, poses for a photograph. (Photo by … [+] Nick Otto for the Washington Post) The Washington Post via Getty Images Today the Bureau o...
Bitcoin Pumps Toward $18K as US Inflation Better Than Expected
While the cryptocurrency industry is caught in what seems to be one of the largest debacles of the year, the US Bureau of Labor Statistics just published the numbers for the Consumer Price Index. The ...
J.P. Morgan says inflation has peaked and suggests 2 stocks to buy
For well over a year now, we’ve been seeing headlines about inflation. The rate of price increases is running at its highest level since the early 1980s, although the October numbers, just released, s...
Mortgage rates fall sharply to under 7% after inflation eases
A ‘For Sale’ sign is posted in front of a single family home on October 27, 2022 in Hollywood, Florida. Joe Raedle | Getty Images Mortgage rates fell sharply Thursday after a government re...
Dow Jumps 900 Points On Inflation Optimism — But It’s ‘Yet Another Triumph Of Hope Over Reality,’ One Analyst Says
Topline Stocks skyrocketed early Thursday after the latest inflation reading revealed the Federal Reserve’s battle to bring down prices is finally bearing fruit, though experts say it’s merely the fir...
Ethereum Rallies 23%, Bitcoin Jumps 14% Above 24-Hour Lows As Markets React to Surprise Report on Inflation
The top two leading digital assets are rallying after a better-than-expected inflation report surprised the crypto markets. New data from the U.S. Bureau of Labor and Statistics reveals that the Consu...
Thanksgiving flight bookings down from 2019, but higher fares lift revenue
Chicago O’Hare International Airport. Nov. 9, 2022 Leslie Josephs | CNBC Consumers have booked fewer flights for Thanksgiving week than they did three years ago, before the Covid pandemic, accor...
Fed officials welcome inflation news but still see tighter policy ahead
Prices of fruit and vegetables are on display in a store in Brooklyn, New York City, March 29, 2022. Andrew Kelly | Reuters Federal Reserve officials welcomed Thursday’s news showing that inflat...
Bitcoin and ether up as U.S. inflation data below estimates at 7.7% in October
U.S. inflation is showing signs of cooling down as crypto markets remain tumultuous. Inflation in the U.S. came in at 7.7% in October. Based on FactSet data, analysts had predicted an 8% increa...
Best currency pairs to buy as inflation cooled down in October
The most important economic report of the week, the US inflation data, was released earlier today. As it turned out, in October, inflation rose, but not as much as expected. In other words, it is cool...