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.
Consumer prices rose fast enough in October to keep the rate of inflation above the Federal Reserve’s 2% goal, posing an ...
Our new data page, CPI Inflation Contributions from Goods and Services, details the evolution of inflation using the consumer ...
The Fed acknowledged the inflation problem at the November FOMC meeting, but Powell remains dovish. The October CPI ...
Inflation in the US picked up last month, as progress toward stabilising prices appeared to stall. Consumer prices rose 2.6% over the 12 months to October, driven by higher housing and food costs, the ...
Minneapolis Federal Reserve Bank President Neel Kashkari said on Wednesday that he is confident inflation is headed down, ...
The inflation trajectory is likely favorable enough to keep the Fed on track to cut borrowing costs at its next meeting in ...
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