EconoTimes1d
America’s Roundup: Dollar weakens as inflation data suggests a lower core PCE reading, Wall Street ends higher , Gold rises, Oil settles flat
Market Roundup US Core PPI (MoM) (Jan) 0.3%, 0.3% forecast, 0.4% previous US Core PPI (YoY) (Jan) 3.6%, 3.3% forecast, 3.7% previous US Initial Jobless Claims 213K, 217K forecast, 220K previous US ...
Is Inflation Fever Rising, Or Is It Just A 'Seasonal' Flu?
Inflation ran hotter than forecasters expected in January, but a quirk of the data involving seasonal adjustment means many economists have stopped short of declaring inflation has reignited.
Key part of PPI report suggests Fed’s favorite inflation barometer won’t run as hot
Even though wholesale prices surged in January, some costs, such as for healthcare, insurance and plane tickets, were lower than expected. As a result, Wall Street has lowered its forecast for the ...
Dollar dips as inflation data points to lower core PCE
The dollar slipped on Thursday after components of January’s producer price report pointed to lower inflation, and fell ...
Trump and the Fed Complicate the Stock Market’s Historic Bull Run
Stocks have defied even the most bullish forecasts since bottoming in October 2022, with the S&P 500 returning roughly 65 percent in that span. To strategist Tom Essaye, who writes the Sevens Report, ...
US producer inflation trends higher; labor market remains stable
U.S. producer prices increased solidly in January, offering more evidence inflation was picking up again and strengthening ...
AUD/USD, NZD/USD, USD/JPY: Stronger US Inflation Lifts Dollar, Pressures AUD and JPY
AUD/USD and NZD/USD show price volatility around the long-term support zone, while USD/JPY gains strength from strong support ...