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.
October CPI matched expectations, with Headline CPI rising 0.2% and Core CPI up 0.3%. Read more to see my thoughts.
The consumer price index may not have shown another month of cooling inflation in October, but economists believe enough ...
The consumer price index rose 0.2% for the fourth straight month, the Labor Department said on Wednesday. In the 12 months ...
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All eyes on CPI and Fed, Is a Bitcoin correction coming in?Global financial markets are bracing for another hectic week, as a series of major US economic events are ready to move them ...
The two-year Treasury yield dropped about eight basis points to around 4.26%. Inflation, as measured by the consumer-price index, rose 0.2% in October for a year-over-year rate of 2.6%, according to ...
The US Dollar (USD) pauses its ongoing upsurge alongside the US Treasury bond yields as traders book profits on their long ...
Inflation rose slightly in October in line with economists' expectations, as the consumer price index was up 2.6% from a year ago and 0.2% compared with last month.
Gold prices rose on Wednesday as the rise in dollar index paused ahead of release of US CPI data. A rise in inflation in the ...
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