“Boy, I’m Surprised”: Rick Santelli Amazed by ‘Progress’ in Latest Inflation Report During Trump’s Presidency
Surprising Decline in US Wholesale Prices On Wednesday, CNBC editor Rick Santelli expressed his surprise over a recent drop in US wholesale prices. The Producer Price Index (PPI) revealed a 0.1% decrease in prices that producers pay, bringing the annual rate down to 2.6%, according to the Bureau of Labor Statistics (BLS). Santelli noted during […]
Today’s Forex: Attention turns to US producer inflation data
Key Updates for September 10th Here’s what to keep an eye on for today: USD Performance The US dollar (USD) displayed resilience on Tuesday, seemingly unaffected by significant downward revisions to employment data. As Wednesday unfolds, it appears to be in a consolidation phase while market attention shifts to August’s producer inflation figures. Later today, […]
GBP/USD pulls back before US inflation data
The GBP/USD currency pair briefly reached a four-week high on Tuesday. A downward revision in anticipated job growth has bolstered the US dollar amidst speculation of Federal Reserve rate cuts. Upcoming inflation data, due next week, will precede the Federal Reserve’s upcoming decision. On Tuesday, GBP/USD approached its four-week peak, testing levels just above 1.3550 […]
Market Update: Significant job adjustments and rising inflation
Market Update Overview Orlando, FL – Stock, currency, commodity, and bond yields generally rose on Tuesday. However, the movement wasn’t backed by strong conviction as investors awaited significant revisions to U.S. employment figures and inflation data scheduled for release later this week. Next week’s Federal Reserve meeting is crucial. If the Fed proceeds with the […]
Stocks finish at all-time highs amid job concerns and upcoming inflation data
Major Indices Reach Record Highs The scene on the floor of the New York Stock Exchange (NYSE) looked optimistic as trading continued on August 26, 2025. On Tuesday, all three major indices hit record highs, easing previous concerns about the U.S. economy. The S&P 500 climbed by 0.27%, ending the day at 6,512.61. The Nasdaq […]
Less people believe retirement will require a miracle, report shows. However, concerns about inflation remain.
Americans’ Optimism About Retirement Many Americans seem to be feeling a bit more hopeful about their retirement prospects these days. A survey revealed that just 21% believe achieving a secure retirement would require a miracle. This is a notable decrease from the 41% who felt similarly in 2021. A significant factor contributing to this optimism […]
GBP/USD rises further before important US inflation report.
GBP/USD continued its upward trend on Monday, rising 0.35%. Investor sentiment remains optimistic as expectations build for a reduction in the Fed rate. This week’s US inflation data could shake investor confidence ahead of the Fed’s next decision on rates. The GBP/USD pair saw further gains on Monday, climbing by 0.35% to reestablish itself above […]
Homeowners face equity losses as inflation surpasses price increases.
Affordability Concerns in Housing Market The panelists on the “Big Money Show” have raised alarms about the growing issues of housing affordability. They’re suggesting that factors like Biden’s regulations, rising inflation, and immigration surges are intensifying the narrowing supply, which could jeopardize Americans’ dreams of homeownership unless decisive action is taken. Home prices do enhance […]
Wall Street starts the new week feeling tense as signs of weakness in the labor market appear; traders prepare for inflation figures.
Market Reactions to Employment Data Next week, Wall Street will be navigating the effects of recent employment figures, particularly with investors eyeing some unsettling signals from the bond market. There’s also inflation data coming up, which adds another layer of complexity. On Friday, stocks hit an all-time high for a moment but then saw major […]
No Proof That Tariffs Are Increasing Inflation in the U.S.
US Product Inflation Lower Than Most Countries, Analysis Finds The United States has seen lower product inflation compared to many international counterparts, despite a recent slight uptick, according to a new analysis from the Council of Economic Advisors. This report aims to challenge claims suggesting that trade policies are causing elevated prices. Concerns have been […]