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.
Consumer prices edged up in October after having recorded the slowest rate of growth in 3½ years in the previous month, a ...
Inflation has cooled notably, but a pickup in annual price increases underscores that it is not fully back to normal.
Consumer prices rose 2.6% in October compared to a year ago, ticking upward from the previous month and reversing some of the ...
New inflation data out Wednesday showed consumer prices rose as forecast in October, keeping the Federal Reserve on track to ...
Business Insider on MSN2d
Stock market today: Indexes edge higher after tame October inflation report"A December cut is still in the cards," she added. Still, the rise in the overall inflation rate makes the outlook for ...
Minneapolis Federal Reserve Bank President Neel Kashkari said on Wednesday that he is confident inflation is headed down, ...
The increase in inflation was expected but is unlikely to deter the Federal Reserve from cutting rates in December.
The cost of living in America rose 2.6% in October, which was in line with economists expectations.
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