A better-than-expected Consumer Price Index report triggered a big surge in stocks and bonds, as investors bet that interest rates will begin to fall.
Category: Inflation (Economics)
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U.K. Inflation Slows to 4.6 Percent, Lowest in Two Years
Inflation is expected to continue to slow, but central bank officials have said they will keep interest rates high.
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Stock Market Rallies After CPI Inflation Report
The S&P 500 was on track for its biggest gain of the year, while shares of smaller companies surged.
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An Optimistic Inflation Report Reduces Pressure on the Fed to Raise Rates
Central bankers have been debating whether a final rate move is needed. A cooler-than-expected October inflation report may take the heat off.
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A High-Stakes C.P.I. Readout on Inflation Is Due
The latest Consumer Price Index report, due out on Tuesday, is expected to show that progress in bringing down inflation is slowing.
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Sharp Drop in Airfares Cheers Inflation-Weary Travelers
Airlines are starting to offer bargain prices, including to popular overseas destinations like Paris, a sign that they are fighting to fill planes.
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A Dud Treasury Auction and a Hawkish Powell Ended a Market Rally
A disappointing Treasury auction and hawkish comments by the Federal Reserve’s chair underscored investor fears about inflation.
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Fed Chair Recalls Inflation ‘Head Fakes,’ Pledges to Do More if Needed
Jerome H. Powell, the Federal Reserve chair, said officials will proceed carefully. But if more policy action is needed, he pledged to take it.
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Nuclear Energy Project in Idaho Is Canceled
The project that NuScale Power and Western energy companies had developed struggled to attract enough utility customers.
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Nuclear Energy Project in Idaho Is Canceled
Technical challenges, higher costs and rising interest rates hurt the project that NuScale Power and Western utilities had developed.
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‘Morning in America’ Eludes Biden, Despite Economic Gains
Seeking re-election in 1984, Ronald Reagan presided over an economy similar in many ways to today’s. But he sold a message of progress and promise.
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Huge Reversal in Bonds and Rally in Stocks Cap Wild Week for Markets
A series of data reports and actions by policymakers have led investors to reassess their assumptions about interest rates and the economy.