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.
Inflation rose by 0.2% in October and brought the 12-month inflation rate to 2.6% , which was in line with expectations.
U.S. inflation rose 2.6% on an annual basis last month, representing an uptick from September when the Federal Reserve began ...
The Consumer Price Index (CPI) report is set to release soon. It's an inflation gauge that looks at how prices urban ...
U.S. equity futures edged lower in early Wednesday trading, while Treasury yields moved higher and the dollar steadied, as ...
After yesterday's consumer price inflation data matched expectations, the Labor Department released a separate report on Thursday ...
And after food and fuel prices were stripped out to give a better sense of the underlying inflation trend, “core” inflation held steady at 3.3%. On a monthly basis, both the overall and core price ...
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