U.S. stock indexes fell Thursday morning as investors digested another hot inflation report that showed price pressures at the wholesale level rose more than expected in January, fueling concerns that the Federal Reserve will raise interest rates higher than expected. How are stock-index futures trading The S&P 500 SPX, -0.89% …
Read More »6-month T-bill rate goes above 5%, 1-year rate sits on the edge after January CPI
The rate on 6-month T-bills rose above 5% on Tuesday, a level last seen in 2007, after the U.S. January’s consumer price index report revealed signs of sticky inflation that’s likely to keep the Federal Reserve hiking rates for longer than expected. The counterpart 1-year rate sat on the edge …
Read More »Inflation surged 6.4% in January, higher than expected
Inflation came in hotter than expected in January, stoking fears that the Federal Reserve will become even more aggressive in its fight to bring down prices. The January reading of the Consumer Price Index – a closely watched measure of inflation that tracks fluctuations in the costs of everyday goods …
Read More »Inflation rises 0.5% over last month in January, most since October
Inflation picked up in the first month of the year, defying optimism from investors and officials over a steady move lower seen in recent readings. The Consumer Price Index (CPI) for January showed a 0.5% increase in prices over the past month, an acceleration from the prior reading, government data …
Read More »January CPI inflation data due today: Live updates on stock market and more
A new report on inflation is due this morning. Economists surveyed by Bloomberg forecast that the annual rate of price increases will slow to 6.2% in January following a decline to 6.5% in December. More broadly, inflation has cooled recently from a 40-year high of 9.1% in June. Last month’s consumer price index …
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