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Inflation, August
Inflation slides in August, beating expectations
The consumer price index (CPI) advanced 0.2 percentage points in August, sliding to a 2.5 percent annual increase from a 2.9 percent increase in July. The drop came in below expectations as prices cooled further than anticipated.
Inflation drops to lowest level since Feb. 2021 as Fed plans rate cut
Policymakers are expected to announce a long-awaited rate cut next week, as inflation cools and worries spread about a weakening job market.
Türkiye inflation expectations to adjust as pressures ease: Fitch
As monthly price pressures ease, market expectations for inflation in Türkiye will adjust accordingly, a senior Fitch analyst said Tuesday, days after
Stock Market, Wall Street and inflation
Here's why the stock market is throwing a tantrum about new inflation data
Stock investors are less than pleased with August inflation numbers. Core inflation rose unexpectedly, dashing hopes for a bigger rate cut from the Fed. Traders are now grappling with the reality that rates are staying higher for longer.
Stock market today: Wall Street slides and Dow drops 600 as traders pare forecasts for rate cuts
U.S. stocks are dropping as traders scale back expectations for how much relief the Federal Reserve will deliver next week when it begins cutting interest rates
Stock Market Today: Nasdaq ends 2.2% higher as Wall Street rebounds from post-CPI selloff
Warren Buffett's Berkshire Hathaway has been trimming its stake in Bank of America for nearly two months now, including selling shares in each of the past 12 trading sessions. The selling
GlobeSt.com
1d
Inflation Comes in Under Expectations at 2.5%
Core inflation, which excludes energy and food, rose 0.3% in August versus a projected 0.2%. Year-over-year core inflation ...
New York Post on MSN
1d
Dow erases 700-point drop as investors shrug off inflation numbers, rising odds of Harris winning White House
Underlying inflation showed some stickiness, which could discourage the Fed from delivering a half-point rate cut next week ...
1d
US inflation drops to 2.5% in August, lowest since 2021
Inflation in the US fell to 2.5% in August, its lowest since February 2021, but core inflation remains at 3.2%. The Federal ...
3d
Will mortgage rates fall after the September Fed meeting? Here's what some experts predict
The inflation numbers, combined with other economic indicators, have led many economists and rate watchers to believe the Fed ...
macrobusiness.com.au
2d
Household recession is driving inflation down
Key Points: Real consumer spending contracted in Q2 24 to be just 0.5% higher through the year (comfortably below the RBA’s ...
Moneyweb
20h
Gold erases drop after inflation data damp hopes for big Fed cut
Spot gold was up 0.3% at $2 519.04 an ounce at 9:29 a.m. in London, after hitting a record $2 531.75 last month.
2d
Watch These JPMorgan Price Levels After Stock Posts Biggest Drop Since 2020
JPMorgan shares fell more than 5% on Tuesday after the bank’s president said Wall Street’s expectations for net interest ...
2d
Brazil Annual Inflation Slowdown Underwhelms as Interest Rate Hikes Loom
Brazil’s annual inflation eased roughly in line with expectations in August, a drop that’s unlikely to relieve the pressure ...
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