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.
Consumer prices rose fast enough in October to keep the rate of inflation above the Federal Reserve’s 2% goal, posing an ...
The October consumer price index shows that low oil and gasoline prices due to geopolitical pressures have kept inflation in ...
Our new data page, CPI Inflation Contributions from Goods and Services, details the evolution of inflation using the consumer ...
Minneapolis Federal Reserve Bank President Neel Kashkari said on Wednesday that he is confident inflation is headed down, ...
The latest Consumer Price Index (CPI) report revealed that housing costs accelerated in October, posing a lingering challenge ...
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