Tag Archives: Inflation

“‘The risk is that we’re going to hit the brakes very, very hard.’ ” — Larry Summers Almost a full year of monetary-policy tightening by the Federal Reserve appears to be having little impact on price pressures, putting policy makers in danger of needing to do much more, according to …

(Bloomberg) — Agnico Eagle Mines Ltd.’s stock faced its biggest drop in more than two years after reporting inflationary headwinds and lower-than-expected sales in its latest earnings. Most Read from Bloomberg Shares fell 7.8% to C$61.19 as of 11:25 a.m. in Toronto, the biggest intraday decline since November 2020. The …

Goldman Sachs and Bank of America said they expect the Federal Reserve to raise interest rates three more times this year, lifting their estimates after data pointed to persistent inflation and a resilient labor market. Producer prices accelerated in January by the biggest margin in seven months, according to data on Thursday, while a …

U.S. stocks fell Friday morning as investors pointed to a continued risk-off tone, with tech stocks underperforming, bond yields higher, and a stronger dollar. The S&P 500 (^GSPC) slumped by 0.6%, while the Dow Jones Industrial Average (^DJI) declined by 0.5%. The technology-heavy Nasdaq Composite (^IXIC) plunged by more than …

Dow Jones futures fell early Friday, along with S&P 500 futures and Nasdaq futures, as Treasury yields continued to climb on inflation and Fed rate hike fears. Applied Materials, Deere and DoorDash were key earnings overnight X The stock market rally pulled back Thursday amid a hot wholesale inflation report. …