Page 9 - Jeffrey Roach News Today

Retail sales fell 0.8% in January from the month prior.

American consumers appear to be nearing the end of their spending splurge as retail sales dropped by the most in nearly a year.

Higher prices are taking a bite of out Americans' seemingly unstoppable urge to spend.

January’s consumer price data has led the probability of a rate cut by the Federal Reserve fall in both March and May fall, and rise in June.

(Bloomberg) — Wall Street got a reality check on Tuesday, with hotter-than-estimated inflation data triggering a slide in both stocks and bonds.  Equities moved away from their all-time highs after the core consumer price index topped estimates and climbed the most in eight months. Treasuries sold off, with two-year yields hitting the highest since before…

(Bloomberg) — Wall Street got a reality check on Tuesday, with hotter-than-estimated inflation data triggering a slide in both stocks and bonds.  Equities moved away from their all-time highs after the core consumer price index topped estimates and climbed the most in eight months. Treasuries sold off, with two-year yields hitting the highest since before…

January inflation report shows higher-than-expected inflation, challenging Fed's rate cut plans. Economists analyze implications and predict delay in cuts.

(Bloomberg) — Wall Street got a reality check on Tuesday, with hotter-than-estimated inflation data triggering a slide in both stocks and bonds.  Equities pushed away from their all-time highs as the consumer price index topped estimates across the board. Treasuries sold off, with two-year yields hitting the highest since before the Fed’s December “pivot.” Swap…

(Bloomberg) — Wall Street got a reality check on Tuesday, with hotter-than-estimated inflation data triggering a slide in both stocks and bonds.  Equities pushed away from their all-time highs as the consumer price index topped estimates across the board. Treasuries sold off, with two-year yields hitting the highest since before the Fed’s December “pivot.” Swap…

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