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U.S. inflation data in the coming week could test the nerves of stock investors and further inflame worries about rising Treasury yields and uncertainty over Donald Trump's policy plans. After ...
Investors are on edge ahead of Wednesday’s Federal Open Market Committee meeting, as policymakers meet following a slew of higher-than-anticipated inflation readings that have dashed hopes for ...
According to updated economic forecasts from the Fed's Summary of Economic Projections (SEP), the central bank sees core inflation hitting 2.5% next year, higher than its previous projection of 2. ...
Core inflation, which excludes more volatile food and energy prices, also rose 0.4% month over month and 3.8% from a year ago in March, compared with consensus forecasts for 3.7%.
In a widely anticipated move, ... Wall Street economists expect headline inflation rose just 2.6% annually in October, an increase from the 2.4% rise in September. Prices are set to rise 0.2% on a ...
In the UK, inflation reached a 40-year high of 10.1% in July 2022, driven by food prices, and further increase is anticipated in October when higher energy bills are expected to hit. [204] In September, the Bank of England warned the UK may already be in recession [ 205 ] and in December, the interest rate was raised by the ninth time in the ...
Goolsbee became the fourth Fed official this week to strike a more hawkish stance due to hotter-than-anticipated inflation data in the first quarter. It started with Fed Chair Jay Powell, ...
Headline inflation is expected to have risen slightly last month. "The expectation certainly has been that we're (going to) see a rate cut (in December) and I don't know if these numbers are going ...