inflation figures

The Fed raised rates again.  The big news is where they could peak.

The Fed raised rates again. The big news is where they could peak.

Text size The Federal Reserve’s latest increase comes after recent consumer price inflation data turned hotter than expected. Kevin Dietsch/Getty Images The Federal Reserve on Wednesday moved to raise interest rates by 0.75 percentage points and reported rates could be higher than investors had expected as the central bank battles high inflation for decades. The …

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Why investors fear a one percentage point Fed rate hike will disrupt Wall Street

Why investors fear a one percentage point Fed rate hike will disrupt Wall Street

The Fed has made two 75 basis point interest rate hikes so far this year. An earlier version of this story said she delivered three. As U.S. stocks and bonds come under pressure on Tuesday, some on Wall Street say investors are underestimating the possibility that the Fed could offer a surprise 100 basis point …

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'We haven't seen a spike in food inflation yet': Food prices haven't risen so steeply since 1979, with basic groceries up nearly 40%

‘We haven’t seen a spike in food inflation yet’: Food prices haven’t risen so steeply since 1979, with basic groceries up nearly 40%

Food prices continued to rise in August, putting pressure on low- and middle-income households in particular. The cost of food for home preparation rose 13.5% from August 2021, the highest growth rate since March 1979, according to government data. The annual rise in the US consumer price index was 8.3% in August. Overall, food was …

‘We haven’t seen a spike in food inflation yet’: Food prices haven’t risen so steeply since 1979, with basic groceries up nearly 40% Read More »

Can the Fed rein in inflation without further crushing the stock market?  What investors need to know.

Can the Fed rein in inflation without further crushing the stock market? What investors need to know.

The Federal Reserve isn’t trying to slam the stock market as it rapidly raises interest rates in its bid to quell still-burning inflation – but investors should be prepared for more pain and volatility as policymakers politicians won’t be intimidated by a sell-off, investors and strategists said. “I don’t think they’re necessarily trying to drive …

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In rare encounter, Nobel Prize-winning economist Peter Diamond sees a 'significant shift of power from employers to workers' underway

In rare encounter, Nobel Prize-winning economist Peter Diamond sees a ‘significant shift of power from employers to workers’ underway

Peter Diamond, winner of the Nobel Prize in economics in 2010, avoided the press for most of his long and illustrious career, saying he feared being misunderstood. Given the chance to interview him, MarketWatch jumped at the chance. His supporters think Diamond is probably the smartest economist. His selection by President Barack Obama to serve …

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Even after the market crash, investors are still making two implausible assumptions about the next six months, this economist says

Even after the market crash, investors are still making two implausible assumptions about the next six months, this economist says

This is not the first time that inflation figures have taken the market by surprise. The bad news was the S&P 500 SPX, +0.36% experienced the largest one-day decline in two years, falling 4.2%. The good news if you check your 401(k) is that you are only back to last week’s levels and futures are …

Even after the market crash, investors are still making two implausible assumptions about the next six months, this economist says Read More »

Dow down 1,300 points as losses accelerate after August CPI reading

Dow down 1,300 points as losses accelerate after August CPI reading

The Dow Jones Industrial Average fell more than 1,300 points in the last hour of trading on Tuesday as losses accelerated on tech stocks as bond yields soared, leaving all three stock indices on track for their worst session since at least June after an unexpected rise in August. consumer price inflation. What is happening …

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First major Wall Street bank to call U.S. recession says 'pessimists will unfortunately prevail'

First major Wall Street bank to call U.S. recession says ‘pessimists will unfortunately prevail’

Deutsche Bank, which became the first major Wall Street bank to forecast a U.S. recession in April, runs through its list of pros and cons to explain why the world’s largest economy could make a soft landing – and comes to the conclusion that it will not. . “Our view is that the pessimists will …

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US inflation rebounds in August, CPI shows, despite falling gasoline prices

US inflation rebounds in August, CPI shows, despite falling gasoline prices

Numbers: Lower gasoline prices generated a second straight decline in inflation in the United States, with the consumer price index only rising 0.1% in August. But the report also showed that inflation has spread more widely through the economy and should prompt the Federal Reserve to raise interest rates sharply again. Economists polled by the …

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