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US jobs report cools Fed rate hike bets: Why October CPI and record diesel prices now matter
US jobs report cools October Fed rate hike bets, but sticky CPI and record diesel prices could keep inflation and interest ...
The all-items consumer price index was expected to rise 0.4% in August, with core, excluding food and energy, showing a 0.2% gain, according to the Dow Jones consensus.
The June Consumer Price Index (CPI) report is a classic head-fake for investors. Indeed, the latest inflation data from the Bureau of Labor Statistics gave market participants something they haven't ...
June inflation reports gave Wall Street something it hadn't seen in a while: negative month-over-month readings. These came as energy prices slumped on a ceasefire between the U.S. and Iran. But that ...
Investors believe the Fed will raise borrowing costs as it works to tame inflation, which has risen a full percentage point since the Iran war started.
Friday's August CPI report could set the stage for the Federal Reserve's first interest rate hike in more than three years.
Goldman Sachs late Friday became the last of the major banks to retract its forecast of no rate hike next week.
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