Tag Archives: Inflation

One key reason inflation is cooling: Immigrant workers

One key reason inflation is cooling: Immigrant workers

There’s one hot-button topic that could hold the key to where inflation goes: immigration. It’s already done a great deal in bringing down consumer price growth to where it is now, experts say, even though the most recent data showed that inflation increased more than expected in December. Investors would be wise to track the flow of immigrants as they assess the future direction of interest rates and the US economy. Not only did the foreign-born population in the US finally exceed its… Source link

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Stocks recover losses after hot inflation print

Stocks recover losses after hot inflation print

US stocks recovered from earlier losses on Thursday to end the session mostly flat after a fresh reading on December inflation came in slightly hotter than economists had expected, raising new questions about the Federal Reserve’s path on interest rates. The S&P 500 (^GSPC) which had been down as much as 0.8% during the session, closed just under the flatline. The Dow Jones Industrial Average (^DJI) and the Nasdaq Composite (^IXIC) hovered slightly above breakeven. Interest rate sensitive… Source link

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Inflation increases more than expected in December

Inflation increases more than expected in December

Consumer prices increased more than expected in December as investors continue to look for signs the Federal Reserve can begin to cut interest rates. The December Consumer Price Index (CPI) showed prices ticked up slightly at 0.3% over last month, an increase from the 0.2% seen in November. Prices rose 3.4% over the prior year, an increase from the 3.1% increase seen the month prior. Economists had expected prices to increase 0.2% month over month and rise 3.2% year over year, according to… Source link

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US futures muted in countdown to inflation data

US futures muted in countdown to inflation data

US stock futures traded cautiously mixed on Wednesday, with tech stocks reaching for gains as investors waited for fresh inflation data and absorbed a dramatic turn in events in spot bitcoin ETFs. Dow Jones Industrial Average (^DJI) futures were down 0.1%, while benchmark S&P 500 (^GSPC) futures hovered just above the flatline. Nasdaq 100 (^NDX) futures rose about 0.2%, after tech stocks eked out the sole win among the major indexes the previous day. Stock investors are likely treading… Source link

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Stocks Steady Before Inflation; Oil Halts Climb: Markets Wrap

Stocks Steady Before Inflation; Oil Halts Climb: Markets Wrap

(Bloomberg) — Stocks and bonds steadied with many investors clinging to sidelines ahead of a key US inflation report. Oil erased gains. Most Read from Bloomberg Mining shares and travel stocks led a small decline in Europe’s Stoxx 600 index, while US equity futures were little changed. Brent gained halted a climb at $78 a barrel following more attacks on vessels in the Red Sea raised the risk that Middle East supply could be disrupted. Investor focus is on Thursday’s US inflation figures… Source link

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