October CPI: Inflation hits another bump on road to Fed's 2% target
JPMorgan's trading desk gave a scenario outlook on how the market would respond to various monthly core CPI readings. The options market is pricing in a 0.7% move, either up or down, for the S&P 500, and a 1.6% move for the Russell 2000.
Don't look for the Federal Reserve to start making big promises on further monetary-policy easing after the October reading ...
Major U.S. stock averages ended mixed and close to flat lines Wednesday, as investors assessed an October consumer inflation ...
After decades of quiescence, inflation surged in 2021 and 2022. The annualized Consumer Price Index (CPI) increased from ...
Inflation rose by 0.2% in October and brought the 12-month inflation rate to 2.6% , which was in line with expectations.
In the 12 months through October, the CPI advanced 2.6% after climbing 2.4% in September. The headline numbers were ...
Minneapolis Fed President Neel Kashkari said in an interview with Bloomberg TV, that he was confident inflation was headed down, noting that the CPI data "confirms" that downward path.
U.S. consumer prices rose by 0.2% in October, marking the fourth consecutive month of increase at this rate. This trend ...
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