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 Fed acknowledged the inflation problem at the November FOMC meeting, but Powell remains dovish. The October CPI ...
We have confirmation that Polish CPI rose to 5% YoY in October despite some moderation in core inflation. Authorities plan to ...
Our new data page, CPI Inflation Contributions from Goods and Services, details the evolution of inflation using the consumer ...
Inflation in the US picked up last month, as progress toward stabilising prices appeared to stall. Consumer prices rose 2.6% over the 12 months to October, driven by higher housing and food costs, the ...
US wholesale prices rose slightly in October, according to government data published Thursday, as an increase in services inflation pushed up the overall figure.
Bloomberg on MSN1d
Inflation Is Heading in Right Direction, Kashkari SaysFederal Reserve Bank of Minneapolis President Neel Kashkari says inflation is heading in the right direction toward the Fed's ...
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