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In this week’s economic update, the June Consumer Price Index (CPI) was the highest all year, but what does that mean for you? Director of Data-Driven Economic Strategies (DDES) Dr. Tatiana Bailey ...
US retail sales surged 0.6% MoM, far exceeding expectations and signaling robust consumer demand despite recent tariff ...
The report isn’t likely to change the Fed’s decision to hold rates steady next week. The Fed plays closer attention to a separate gauge that analysts said could show firmer price pressures in ...
The price strength could mark the early signs of inflation driven by the new tariff regime — especially with more duties ...
The CPI was forecast to rise 2.7% last month, higher than last month's rate of 2.4%, according to economists polled by ...
Leading economists react to June's Consumer Price Index report, which showed that inflation was largely in line with expectations, while speculating on what this means for Federal Reserve policy and ...
A 30-year Treasury yield that rises above 5% tends to be negative for stocks because of the way it impacts borrowing rates for households and businesses. The yield is used as a benchmark on everything ...
Tech led US stocks on Tuesday as a key consumer inflation print showed inflation accelerated in June, big banks kicked off ...
Inflation moved up in June, due partially to businesses passing tariff costs onto consumers. Despite the uptick, President Trump is on the warpath for the Federal Reserve to cut interest rates, a ...
Still, odds are the Federal Open Market Committee (FOMC) will resume cutting rates in September. Between now and then, the Fed will gather with other central banks in August at the Jackson Hole ...
The dollar index (DXY00 ) today is up +0.47%. The dollar is seeing support as the 10-year T-note rose +3.6 bp and the 30-year T-bond yield rose back above 5% for the first time in 1.5 months. The rise ...
The June CPI report shows that inflation is accelerating, but at a pace that's in line with economists' expectations. The ...