Rate cut hopes are fading fast as inflation data and record egg prices make ‘very uncomfortable’ reading for Jerome Powell
Data isn't stacking up for a Fed rate cut, multiple regional presidents have hinted, as January's CPI report makes for ...
Wholesale Inflation Rose in January More Than Expected
Producer costs are those paid by businesses and are often passed on to customers. The PPI report follows Wednesday’s consumer ...
Fed seen likely on policy hold until Sept, but traders add to bets on July cut
Traders on Thursday placed rising but still shy of even odds the Federal Reserve will cut its policy rate in July instead of ...
Wholesale prices pop and point to persistent inflation pressures in guts of the U.S. economy
Wholesale prices rose sharply in January in another sign of lingering inflationary pressures in the economy that will keep ...
That scary inflation chart is making the rounds again
A chart comparing today's post-COVID-19 inflationary wave to the great inflation of the 1970s is making the rounds again after Wednesday's hotter-than-expected CPI report. Apollo economist Torsten Slo ...
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Mideast Stocks: Gulf bourses end mixed with US data in focus
Outside the Gulf, Egypt's blue-chip index gained 1.1%, led by a 5.4% advance in tobacco monopoly Eastern Company . Meanwhile, ...