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.
Don't look for the Federal Reserve to start making big promises on further monetary-policy easing after the October reading ...
Major U.S. stock averages ended mixed and close to flat lines Wednesday, as investors assessed an October consumer inflation ...
In the 12 months through October, the CPI advanced 2.6% after climbing 2.4% in September. The headline numbers were ...
Inflation rose by 0.2% in October and brought the 12-month inflation rate to 2.6% , which was in line with expectations.
The Fed acknowledged the inflation problem at the November FOMC meeting, but Powell remains dovish. The October CPI ...
The Consumer Price Index (CPI) rose steadily in October, at a pace likely modest enough to keep the Federal Reserve on course ...
The so-called core rate of inflation that strips out food and energy rose a sharper 0.3% in October, the third straight ...
Inflation in the US picked up last month, as progress toward stabilising prices appeared to stall. Consumer prices rose 2.6% over the 12 months to October, driven by higher housing and food costs, the ...
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