Federal Reserve policymakers suggested that they’re prepared to raise interest rates higher than previously planned, though not necessarily at a faster pace, to defeat persistent high inflation.
Newsfeed: Fed Officials Look at Higher Peak for Rates as Inflation Endures Read More »
As inflation remains at the highest level in more than 40 years, millions of Americans are facing financial hardship due to rising consumer prices.
Newsfeed: Inflation Causing Hardship For Majority Of US Households Read More »
Expectations for a 0.1% MoM drop in CPI has set the squeeze-algos on fire in recent days as the small drop signals ‘peak inflation’ and goldilocks and a unicorn-filled Fed will step back and declare victory (with a lag). Short-term interest-rates – however – have not been buying that dovish story, so how the market reacts to today’s print will be fascinating given the technical background of extreme negative delta and positioning, and now momentum. The market was pricing in a 90% chance of a 75bps hike by The Fed next week ahead of the CPI print.
Newsfeed: US Consumer Prices Blow Away Expectations, Rise For 27th Straight Month Read More »
U.S. consumer prices accelerated 9.1% last month, the fastest annual pace since November 1981 and the hottest print of the current inflation cycle.
U.S. consumer prices accelerated 9.1% last month, the fastest annual pace since November 1981 and the hottest print of the current inflation cycle.
Newsfeed: Inflation surges 9.1% in June, most since November 1981 Read More »
The latest inflation figures are due on Friday and will reveal if consumer prices are signaling a peak or will remain at four-decade highs that have financially devastated American households.
The National Association of Realtors (NAR) estimates millions of Americans have been priced out of the housing market since January as sky-rocketing mortgage rates spark an affordability crisis.
Newsfeed: “Extraordinary” – US Consumer Prices Soar At Fastest In Over 40 Years Read More »
Santelli sums up Democrats in 20 seconds …
Newsfeed: Rick Santelli nails it… Read More »
U.S. consumers paid more for a variety of goods and services in February compared to the prior month and year, with prices climbing across the economy amid lingering supply and demand imbalances.
Newsfeed: Inflation sets fresh 40-year high: February CPI rises 7.9% over last year Read More »
Consumer prices rose 7.9% in February, as compared to the same month in 2021, according to data from the Labor Department released in January.