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Browsing Tag
Consumer Price Index
Egg prices have more than tripled in some states over the last year. Here’s why.
The rising cost of eggs in the U.S. is denting household budgets. Americans in recent years have increased the number of eggs they consume while reducing their intake of beef and venison, according to data from the U.S.…
Fed’s Waller says market has overreacted to consumer inflation data: ‘We’ve got a…
Federal Reserve Gov. Christopher Waller said Sunday that financial markets seem to have overreacted to the softer-than-expected October consumer price inflation data last week. “It was just one data point,” Waller…
Opinion: The Federal Reserve is missing a crucial turning point in its fight against inflation…
The Federal Reserve can’t see the probable economic crash that is coming because it’s still looking into the rearview mirror, where it sees nothing but high inflation. The danger arises because the consumer price index and the personal…
Nasdaq set to end bear market, Dow to exit correction after July CPI data
The Nasdaq Composite was on track to exit a brutal bear market Wednesday, while the Dow Jones Industrial Average was set to end a market correction, as stocks rallied in the wake of a cooler July inflation reading.…
RBA interest rate hike could happen as early as May before federal election
There’s a chance the RBA could hike up interest rates next week at a higher amount than initially predicted in what could be more pain for mortgage holders.There’s a chance that the Reserve Bank of Australia (RBA) could raise interest…
It’s all about the money
Inflation has attracted little more than apathy from America’s political and economic leaders. Despite 21 months of inflation, measured by the consumer price index, surging from 0.4 percent in April 2020 to 7.5 percent, its fastest pace…
Will high inflation kill the bull market in stocks? History says probably not
U.S. inflation didn’t run as hot as expected in August, but remains elevated and a source of worry for investors and policy makers. But by itself, a jump in inflation is hardly ever enough to derail a bull market…