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.
Nov 13 (Reuters) - U.S. consumer prices increased as expected in October, and progress toward bringing inflation down has ...
Inflation has cooled notably, but a pickup in annual price increases underscores that it is not fully back to normal.
The Consumer Price Index (CPI), a measure of inflation, increased steadily in October, matching forecasters' expectations. The inflation trajectory is likely favorable enough to keep the Fed ...
U.S. consumer prices increased as expected in October amid higher costs for shelter such as rents, and progress toward low ...
The latest producer price index numbers were released on Thursday morning, a day after the consumer price index showed ...
Consumer prices rose fast enough in October to keep the rate of inflation above the Federal Reserve’s 2% goal, posing an ...
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