Tag Archives: Inflation

[unable to retrieve full-text content]Inflation: February CPI expected to show slowest annual rise since September 2021  Yahoo Finance Source link

[unable to retrieve full-text content]Costco Q2 earnings preview: Potential membership fee increase, inflation in focus  Yahoo Finance Source link

As the U.S. nears a potential recession, dairy producers are finding themselves impacted by both inflation and severe weather. “There’s certainly been a lot of talk about the inflation at the shelf and food prices,” Tillamook County Creamery Association CEO Patrick Criteser told Yahoo Finance Live (video above). “And there should be because that’s an 8-12% — even higher in some categories — increase in costs year-over-year that’s impacting families.” Although inflation in the… Source link

U.S. stock futures were mixed ahead of the open Friday. Futures tied to the S&P 500 (^GSPC) added 0.1%, while futures on the Dow Jones Industrial Average (^DJI) were lower by 0.1%. Contracts on the technology-heavy Nasdaq Composite (^IXIC) rose by roughly 0.5%. The yield on the benchmark 10-year U.S. Treasury note rose to 3.437% from 3.397% Thursday. The dollar index added 0.1%, trading at $101.94 Friday morning. Stocks extended a string of losses Thursday as investors dissected economic data… Source link

Billionaire investor David Rubenstein is the latest Wall Street titan raising doubts about the Federal Reserve’s ability to reach its current inflation goals. “I think the Fed will probably target inflation down to about 3%, not 2%,” the founder and co-chairman of private equity giant The Carlyle Group said in an interview with Yahoo Finance Live at the World Economic Forum in Davos, Switzerland Wednesday. Rubenstein also had a notably more optimistic tone about the outlook for the economy Source link

A person shops in the beverage aisle at a grocery store in Toronto, Ontario, Canada November 22, 2022. REUTERS/Carlos Osorio Inflation in Canada increased 6.3 per cent in December from last year, Statistics Canada said on Tuesday, as gas prices fell but mortgage interest costs continue to rise and the cost of food remains stubbornly high. December’s increase in the Consumer Price Index (CPI) marks the third straight month where the annual rate of inflation decreased from the prior month. In… Source link

A person shops in the beverage aisle at a grocery store in Toronto, Ontario, Canada November 22, 2022. REUTERS/Carlos Osorio Inflation in Canada increased 6.3 per cent in December from last year, Statistics Canada said on Tuesday, as gas prices fell but mortgage interest costs continue to rise and the cost of food remains stubbornly high. December’s increase in the Consumer Price Index (CPI) marks the third straight month where the annual rate of inflation decreased from the prior month. In… Source link

A version of this article first appeared in the Morning Brief. Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET. Subscribe Friday, January 13, 2023 Today’s newsletter is by Alexandra Semenova, markets reporter at Yahoo Finance. Follow Alexandra on Twitter @alexandraandnyc. Read this and more market news on the go with the Yahoo Finance App. Inflation slowed for a sixth-straight month in December, data out Thursday showed. This downtrend in price increases… Source link

Inflation pressures eased again in December, giving some Federal Reserve officials more confidence that a continued slowdown in its interest rate increases is warranted. In the final month of 2022, inflation as measured by the Consumer Price Index showed prices rose 6.5% over last year while falling 0.1% over the prior month. Philadelphia Fed President Patrick Harker said Thursday morning he expects the “eye-popping” inflation readings of 2022 are behind us, and that it makes sense to slow… Source link

U.S. stock futures wavered ahead of the open Thursday after inflation data for December showed prices increased at a slower annual rate, in a report that was in line with expectations from economists. Futures tied to the S&P 500 (^GSPC) and the Dow Jones Industrial Average (^DJI) hovered around the flatline. Contracts on the technology-heavy Nasdaq Composite (^IXIC) were down about 0.2%. U.S. Treasury yields ticked down. The yield on the benchmark 10-year U.S. Treasury note fell to 3.54% from… Source link