Page 7 - Jeffrey Roach News Today

Stocks jumped higher as the latest CPI inflation data didnt change outlooks on when the Fed will cut rates.Inflation was slightly hotter-than-expected, but

According to Schiff, the February inflation number confirms that the disinflation trend ended months ago.

The U.S. inflation rose more than expected in February 2024, casting doubt on the likelihood of an interest rate cut by the end of the first half ...

Stocks rallied, with the SPDR S&P 500 ETF Trust (ARCA: SPY) and the tech-heavy Invesco QQQ Trust, up 0.9% and 1% at last check Tuesday.

"Despite the stickiness of inflation, current Fed policy is clearly restrictive," Jeffrey Roach, Chief Economist for LPL Financial, wrote.

After failing to sustain an initial move to the upside, stocks have fluctuated over the course of the trading session on Thursday but largely maintained a positive bias.

The Fed’s favorite inflation gauge jumped 0.4% in January, but Capital Economics argues "there is still plenty of disinflation coming this year."

After failing to sustain an initial move to the upside, stocks have fluctuated over the course of the trading session on Thursday but largely maintained a positive bias.

After moving to the upside early in the session, stocks have given back some ground over the course of the trading day on Thursday but remain mostly positive. Currently, the Nasdaq is up 71.

After moving to the upside early in the session, stocks have given back some ground over the course of the trading day on Thursday but remain mostly positive. Currently, the Nasdaq is up 71.