Fed Set to Shrink Rate Hikes Again as Inflation Slows – Yahoo Finance
(Bloomberg) — Sign up for the New Economy Daily newsletter, follow @economics, and subscribe to our podcast. Bloomberg’s most read articles The Federal Reserve is set to again slow the pace of rate hikes next week amid signs of slowing inflation, but Friday’s jobs data showed stability for workers raising the chances of a soft […]
The 'greatest tragedy' would be if central banks don't finish the job on inflation, Larry Summers says – CNBC
Larry Summers at the World Economic Forum in Davos, Switzerland. David A. Grogan | CNBC Former U.S. Treasury Secretary Larry Summers said it would be the “greatest tragedy” for the global economy if central banks didn’t finish what they started to bring inflation back to Earth. Central banks around the world are aggressively tightened monetary […]
Life expectancy can have a greater impact than even record high inflation on how long your retirement savings will last – CNBC
Given today’s continued high inflation, many Americans worry that they won’t have enough money ready for retirement. They fear that sharp increases in food and energy prices, transportation costs, and health care costs could have a significant impact on retirement savings. But there is one more important factor to consider. That’s life expectancy. Ah New […]
Prices fell in December as inflation continues to moderate – CNN
Minneapolis CNN — After about 3 years, inflation Decline on a monthly basis. Consumer prices fell 0.1% in December, the Bureau of Labor Statistics reported Thursday in its Consumer Price Index. The last time the price fell below the previous month was in May 2020. A closely watched inflation gauge also showed last month’s year-on-year […]
Stock futures rise slightly in runup to key inflation data – CNBC
Stock futures rose Thursday as investors await a crucial inflation report to assess the prospects of the Federal Reserve’s rate hike campaign. Futures tracking the Dow Jones Industrial Average rose 87 points, or 0.3%. S&P 500 futures were up 0.3% and Nasdaq 100 futures were up 0.2%. Focus on December CPI and Consensus Forecasts Call […]
Dow Jones Futures: Stock Market Rallies Into CPI Inflation Report; Amazon Leads Megacaps | Investor's Business Daily – Investor's Business Daily
Dow Jones futures were little changed after hours, along with S&P 500 futures and Nasdaq futures. X Stock market gains on Wednesday extended recent gains ahead of Thursday’s CPI inflation report. Investors are betting on lower inflation, raising hopes for reports critical of the Fed. Amazon.co.jp (AMZN) and Tesla shares led a megacap gain on […]
Treasury yields rise as investors assess inflation outlook – CNBC
US Treasury yields rose on Monday as the trading week kicked off and investors weighed the inflation outlook and waited for key economic data. 5:22 a.m. ET benchmark yields 10 year government bond The note was up almost 3 basis points to 3.599%.of 2 year government bond After gaining about 2 basis points, it traded […]