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Indexes slipped Thursday as investors took in hotter-than-expected inflation data on the heels of last week's ... The consumer price index showed prices increased 2.4% year ... The Today Show.
The inflation surge and aggressive Federal Reserve response caused widespread concern among economists and market analysts that a U.S. recession would imminently result. As the Federal Reserve sharply increased the fed funds rate to combat the inflation surge, the longest and deepest Treasury inverted yield curve in history began in July 2022.
Stocks wobbled before a key inflation report. November CPI data comes ahead of the Fed's final meeting of 2024, with markets eyeing another rate cut. Stock market today: Indexes slip as investors ...
The producer price index show prices rose 0.4% in November, higher than consensus estimates of 0.2%. Inflation has been inching higher, raising worries that it could hinder the Fed's ability to ...
US stocks climbed higher as traders took in inflation figures from October that were in-line with estiamtes. Consumer prices rose 2.6% on a yearly basis last month and 0.2% for the month.
The annual percent change in the US Consumer Price Index for All Urban Consumers is one of the most common metrics for price inflation in the United States. The United States Consumer Price Index (CPI) is a family of various consumer price indices published monthly by the United States Bureau of Labor Statistics (BLS). The most commonly used ...
Stocks climbed Tuesday after a cooler reading on inflation cemented Wall Street’s bet that the Federal Reserve will hold off on hiking interest rates this week. The S&P 500 rose 30.08 points, or ...
The personal consumption expenditures price index, which is considered the Fed's preferred inflation measure, increased 0.1% in August, in-line with economist estimates.