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December Interest Rate Cut Is Almost A Done Deal: Could Wednesday Inflation Data Derail Investor Hopes? (CORRECTED)
Tuesday, December 10, 2024 - 5:41pm | 613Read More...Editor’s note: This story has been updated to remove a sentence that was erroneously included. The November Consumer Price Index, released at 8:30 a.m. ET Wednesday, could deliver the final piece of the puzzle for the Federal Reserve’s much-anticipated Dec. 18 meeting. Markets are...
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Inflation On Track, But Fed May 'Go Slowly' On Interest Rate Cuts, Experts Say
Wednesday, November 13, 2024 - 11:53am | 460Read More...October's Consumer Price Index rose from 2.4% in September to 2.6% in October, in line with economist predictions. Here's a look at what experts expect from the Federal Reserve in the months ahead. Experts Weigh In: Minneapolis Fed President Neel Kaskari appeared on Bloomberg TV following the CPI...
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October Inflation Rate Rises To 2.6% As Expected: December Interest Rate Cut Remains Uncertain (UPDATED)
Wednesday, November 13, 2024 - 10:04am | 514Read More...Editor’s note: This story has been updated with additional details. After six consecutive months of easing, the annual inflation rate, as measured by the Consumer Price Index (CPI), reversed course in October, climbing to 2.6% as expected. This outcome casts doubt on the disinflationary...
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S&P 500, Dow Futures Dip As Investors Brace For Key Inflation Data: Expert Says 'Strong Productivity' Will Cap Inflation Despite Fed's Rate Cuts
Wednesday, November 13, 2024 - 7:31am | 1346Read More...U.S. stocks could open on a negative note on Wednesday after the averages scaled record highs last week. Futures of all three major indices were slightly down as investors await the crucial Consumer Price Index (CPI) print scheduled to be released on Wednesday. Nasdaq, S&P 500, and Dow Jones...
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Stocks Dip As Inflation Slows Less Than Expected, Oil Prices Spike Due To Hurricane Disruptions, Middle East Tensions: What's Driving Markets Thursday?
Thursday, October 10, 2024 - 2:15pm | 900Read More...Major U.S. equity indices edged lower on Thursday following a hotter-than-expected Consumer Price Index (CPI) inflation report for September and as oil prices spiked, driven by fuel disruptions caused by Hurricane Milton and rising tensions in the Middle East. The S&P 500 slipped 0.2% from its...
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Fed's Goolsbee Downplays Inflation Uptick, Economists Hold Steady On November Rate Interest Rate Cut Call
Thursday, October 10, 2024 - 1:26pm | 850Read More...A stronger-than-expected September Consumer Price Index (CPI) report has not shifted the overall market narrative of continued disinflation, nor has it altered expectations for a potential interest rate cut in November. Headline inflation came in slightly above forecasts. However economists and...
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September CPI Is 2.4%
Thursday, October 10, 2024 - 12:04pm | 2356Read More...Today, we got the September Consumer Price Index (CPI) report which showed an overall increase of 2.4% for the last year and 0.2% for the month. That’s slightly below last month’s 2.5% and above expectations by 0.1%. The 0.2% monthly increase was above the 0.1% expected. The Core CPI...
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Tech, Consumer Discretionary Stocks Fall, Utilities Sector Outperforms On Surprisingly High Inflation, Jobless Claims Data
Thursday, October 10, 2024 - 10:22am | 761Read More...A hotter-than-expected September Consumer Price Index inflation report, combined with a surprising spike in weekly jobless claims, weighed on major stock indices in early New York trading Thursday, while sparking diverging performances among sectors. Technology and consumer discretionary stocks led...
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September Inflation Preview: Consumer Price Data Holds The Key To Fed's Next Interest Rate Move
Tuesday, October 8, 2024 - 12:31pm | 688Read More...The September Consumer Price Index (CPI) report, set to be released on Thursday, Oct. 10 at 8:30 a.m. ET, will play a pivotal role in shaping the Federal Reserve's next move ahead of its Nov. 7 meeting. Economists anticipate further cooling inflation, largely driven by falling energy prices....
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The Fed And Inflation Recalibration
Tuesday, September 24, 2024 - 10:40am | 1047Read More...As most everyone knows by now, the Federal Reserve cut interest rates at their September meeting for the first time since 2020. The size of the cut, 50 basis points (bps), which is half a percent, was a surprise, at least to LCM Capital Management. This should have a positive impact on most...
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August Producer Prices May Undermine Rate-Cut Hopes Even More Than Consumer Inflation — Here's Why
Wednesday, September 11, 2024 - 4:11pm | 587Read More...The August Consumer Price Index (CPI) report dealt a sharp blow to hopes of swift and aggressive monetary easing by the Federal Reserve. Speculators who were eyeing steep interest rate cuts may need to temper their optimism as the Federal Open Market Committee (FOMC) meeting on Sept. 18 approaches...
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August CPI Is 2.5%
Wednesday, September 11, 2024 - 3:17pm | 2047Read More...Today, we got the August Consumer Price Index (CPI) report which showed an overall increase of 2.5% for the last year and 0.3% for the month. That’s below last month’s 2.9% and consistent with expectations. The 0.3% monthly increase was above the 0.2% expected, and a bigger increase...
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Hotter Core CPI Upsets Stock Market Bulls' Hopium, Buying Ahead Of Nvidia's Jensen Huang Speech
Wednesday, September 11, 2024 - 10:35am | 1458Read More...To gain an edge, this is what you need to know today. Hotter Core CPI Please click here for an enlarged chart of SPDR S&P 500 ETF Trust (NYSE:SPY) which represents the benchmark stock market index S&P 500 (SPX). Note the following: The chart shows a slight pullback in the stock market...
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Dollar, Treasury Yields Rise As Small Caps Fall: August Inflation Crushes Odds Of 50-Point Fed Rate Cut
Wednesday, September 11, 2024 - 10:11am | 529Read More...U.S. inflation in August hit its lowest annual rate since February 2021 at 2.5%, falling from 2.9% in July and below the expected 2.6%, yet the underlying story tells a more complicated tale. Stripping out volatile food and energy prices, core inflation pressures remain stubborn at 3.2% as shelter...
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Historic Inflation Data Hits Lowest Level Since February 2021 — But One Segment Remains Stubbornly High (UPDATED)
Wednesday, September 11, 2024 - 9:08am | 562Read More...Editor’s note: This story has been updated with additional details. The U.S. annual inflation rate in August fell to its lowest point since February 2021, signaling a further easing of pressure on the cost of goods and services for U.S. consumers. The Consumer Price Index (CPI) saw a cooler-...
















