October CPI: Inflation hits another bump on road to Fed's 2% target
JPMorgan's trading desk gave a scenario outlook on how the market would respond to various monthly core CPI readings. The options market is pricing in a 0.7% move, either up or down, for the S&P 500, and a 1.6% move for the Russell 2000.
The Fed acknowledged the inflation problem at the November FOMC meeting, but Powell remains dovish. The October CPI ...
Wall Street Journal on MSN4d
Inflation Picked Up in October; CPI Up 2.6% on YearThe Labor Department on Wednesday reported that consumer prices in October rose 2.6% from a year earlier. That marks a ...
WASHINGTON — The Consumer Price Index (CPI) for baked foods and cereal products rose at a higher rate sequentially and ...
The Fed may have only one rate cut left in December before taking a pause from its easing path, said Skyler Weinand, chief ...
Inflation rose by 0.2% in October and brought the 12-month inflation rate to 2.6% , which was in line with expectations.
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