Stock futures fall after inflation report

Stock futures fall after inflation report

This post was originally published on this site   Stock futures traded lower early Thursday morning after the latest CPI data showed inflation was still on the rise. Futures contracts linked to the Dow Jones Industrial Average lost 64 points, or 0.2%. S&P 500 and Nasdaq 100 futures fell 0.2%...

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US consumer prices hit new 40-year high as Ukraine shock looms

US consumer prices hit new 40-year high as Ukraine shock looms

This post was originally published on this site US consumer prices hit a new 40-year high last month as the world’s largest economy continued to be battered by a surge of inflation, which the fallout from Russia’s invasion of Ukraine is expected to worsen. The consumer price index (CPI) was...

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Inflation reaches highest level since 1982 as consumer prices jump 7% in 2021

Inflation reaches highest level since 1982 as consumer prices jump 7% in 2021

This post was originally published on this siteConsumer prices rose 7% in 2021, a new 39-year high, as supply chain bottlenecks led tp product shortages and higher costs.     

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Inflation Sped up in October, Economists Expect

Inflation Sped up in October, Economists Expect

This post was originally published on this siteAfter moderating slightly in recent months, inflation is forecast to pick up again. That is bad news for President Biden and the central bank.

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