News

Fed's Nightmare: CPI Inflation In Core Services Worst In 6 Months, Pushing Core CPI To Worst In 6 Months; Some Goods Prices Fell, Others Rose

Year-over-year, used vehicle prices rose by 4.8%, the seventh month in a row of year-over-year increases, and the biggest one ...

Investors Can’t Wait for the Fed’s Imminent Rate Cut

Scott Helfstein, head of investment strategy at Global X, added that there’s “little evidence” tariffs are causing a ...

Small caps and other rate-sensitive stocks jump after CPI drives expectations for Fed to lower rates

Small-cap stocks and other rate-sensitive equities were surging on Tuesday after July's consumer-price index reading gave ...

Fed's Goolsbee Flags Tariff Risks to Inflation Fight

Chicago Fed President Austan Goolsbee isn't mincing words he says tariffs are a stagflationary shock that can push prices higher while slowing growth, a nasty combo that makes the Fed's ...

Fed’s Goolsbee Flags 'Concerning' Rise in Services Prices in July CPI

Chicago Fed President Austan Goolsbee called a jump in the prices of some services “the most concerning thing” in Tuesday’s ...

Week ahead – Jackson Hole eyed for Fed pivot; flash PMIs, UK CPI and RBNZ also in focus

Fed minutes and Powell’s Jackson Hole address may set stage for rate cut; Flash August PMIs and RBNZ decision also on ...

Fed cut isn't the 'easy layup' Trump says it is, CPI data shows

July's Consumer Price Index (CPI) report was roughly in line with expectations on a monthly basis. Headline inflation rose ...

Trump Administration Reacts After CPI Report Reveals Inflation Data

Data shows inflation held fairly steady in July, defying fears of a sharp tariff-driven spike in prices and good news for ...

Key inflation rate shows biggest rise in 6 months, CPI shows, but Fed rate cut still appears in play

A key measure of consumer prices posted the biggest increase in July in six months, suggesting inflation is showing upward ...