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Strong services fan US producer inflation in April
Reuters· 13 hours agoU.S. producer prices increased more than expected in April amid strong gains in the costs of services like portfolio management and hotel accommodation,...
What Forecasters Say About Interest Rates (and Why They Disagree)
The New York Times via Yahoo News· 16 hours agoHow soon is soon? Or exactly how much later is later? As the year started, there was a widespread...
Fed’s Powell downplays potential for rate hike despite higher price pressures
Orange County Register· 14 hours agoFederal Reserve Chair Jerome Powell said the US central bank must be patient and wait for evidence...
Wholesale prices rose 0.5% in April, more than expected
CNBC· 20 hours agoWholesale prices jumped more than expected in April, putting up another potential roadblock to...
April Inflation Data Preview: Why Analysts Expect Price Pressures To Cool - DraftKings...
Benzinga· 2 days agoTraders await April CPI report on Wednesday, expecting a drop in overall and core inflation rates....
Fed's Schmid Says He Is Prepared to Be Patient on Policy
US News & World Report· 8 hours ago"Over time, I expect inflation to ease back towards the Fed’s 2% objective," Schmid said in remarks prepared for delivery to the regional Fed bank's agricultural summit. Inflation fell rapidly ...
Stocks Waver as Traders Map Out Game Plan for CPI: Markets Wrap
Bloomberg via Yahoo Finance· 2 days ago(Bloomberg) -- Wall Street kicked off the week on a cautious note, with traders positioning for key...
A port-in-the-storm trade if the consumer continues to get pinched by rates and inflation
CNBC· 6 days agoThe consumer, making up 70% of the U.S. economy, is being hit by higher interest rates and sticky...
Wall Street Looks Past PPI With Powell in Focus: Markets Wrap
Bloomberg via Yahoo Finance· 18 hours ago(Bloomberg) -- Wall Street traders shrugged off a mixed inflation report, with stocks and bonds...
President Biden Makes a False Claim About Inflation in CNN Interview
The Dispatch via Yahoo News· 5 days agoA separate measure of inflation—the Bureau of Economic Analysis’personal consumption expenditures...
