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.
Inflation rose by 0.2% in October and brought the 12-month inflation rate to 2.6% , which was in line with expectations.
The Consumer Price Index (CPI) report is set to release soon. It's an inflation gauge that looks at how prices urban ...
U.S. equity futures edged lower in early Wednesday trading, while Treasury yields moved higher and the dollar steadied, as ...
Don't look for the Federal Reserve to start making big promises on further monetary-policy easing after the October reading ...
India's wholesale price-based inflation accelerated to a four-month high of 2.36% year on year in October due to elevated ...
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