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Inflation accelerates more than expected in March as high prices persist

Nick Timiraos, chief economics correspondent for the Wall Street Journal, said central banks need “credible justification” to start cutting rates. Inflation accelerated for the third straight month in March due to soaring gasoline and rent prices, underscoring the difficulty of containing domestic price pressures. economy. The Labor Department said Wednesday that the consumer price index, […]

Stock futures are flat as key March inflation report looms: Live updates – CNBC

Traders work on the floor of the New York Stock Exchange during afternoon trading on April 9, 2024 in New York City. Michael M. Santiago | Getty Images Stock futures hovered near the flatline Tuesday night as investors awaited key U.S. inflation data that would inform the direction of the Federal Reserve’s interest rate policy. […]

March Inflation Looms Over Wall Street

Inflation is back from the dead There is a ghost that haunts Wall Street.ghost of resurgence of inflation. Key inflation indicators are rising, indicating whether this is a bumpy road back to the Fed’s 2% target or evidence of a resurgence of inflationary pressures despite the Fed’s insistence on restrictive monetary policy. This is causing […]

March inflation report expected to show another month of ‘hot’ price gains

Former Kansas City Fed President Thomas Honig responded to Jerome Powell’s statement that the Fed was not ready to start cutting interest rates “coast-to-coast.” A closely watched inflation report on Wednesday is expected to show that progress in combating price pressures within the economy slowed again in March. Economists expect the consumer price index, which […]

UConn dominates Purdue to repeat as March Madness champion

GLENDALE, Ariz. — 2007 has begun all over again. For a team seeking history, even the best players had no chance of winning. That year, Florida State defeated Ohio State and Greg Oden to win back-to-back national championships. On Monday night, Connecticut joined the Gators as the only teams to repeat this century. UConn became […]

Camden Heide, Samson Johnson exchange electric March Madness dunks

The second half of the national title game turned into a highlight-reel dunk battle. On one side, there was a putback finish by Purdue’s Camden Heide that shook State Farm Stadium. Meanwhile, Samson Johnson of UW made consecutive lob dunks, sending the crowd into a frenzy. Heide’s dunk was one of the standout moments of […]

UConn’s March Madness repeat should stand alone

GLENDALE, Ariz. — As Connecticut breezed through this NCAA Tournament, treating each opponent like they didn’t belong on the same court as the mighty Huskies, the question arose: What place does Dan Hurley’s Giant have in the history of the sport? Over the past 40 years, we have seen a handful of dominant teams. Kentucky […]