Greenlight Capital hedge fund manager David Einhorn expects inflation to spike again as a result of Donald Trump's policies.
“Inflation is moving sideways on a y/y basis, but there is nothing in today’s report that would alarm the Fed," they said. “Therefore, a 25 basis-point cut in December firmly remains our base case." ...
Equities lost steam in the final stretch of New York trading, with the S&P 500 almost erasing an advance partly fueled by ...
Plus: US inflation ticks higher driven by rent costs; Employment Hero staff raise alarms over ‘vile workplace and ‘fear ...
Core CPI, which excludes food and energy, rose 0.3% M/M. On an annual basis, that comes to +3.3% vs. +3.3% expected and +3.3% ...
Forecasters had expected lingering inflation in October. How will the new numbers affect the next Federal Reserve decision on interest rates?
Inflation moved in the wrong direction last month as price pressures persisted in areas such as housing, used cars and food.
EconoTimes is a global, independent publication that delivers comprehensive news, analysis, and insights on the economy, finance, and markets. Based in Korea, we offer a unique perspective on global ...
EconoTimes is a global, independent publication that delivers comprehensive news, analysis, and insights on the economy, finance, and markets. Based in Korea, we offer a unique perspective on global ...