Page 3 - Stuart Paul News Today

A monthly report on consumer prices due Wednesday is unlikely to settle the debate around the timing of Federal Reserve interest-rate cuts, with forecasters expecting some moderation following elevated inflation readings at the start of the year. The consumer-price index excluding food and energy, a key gauge of underlying inflation,…

NEW YORK: US consumer price data this week, arriving on the heels of surprisingly strong jobs numbers, is projected to show a glacial slowdown in underlying inflation that explains the Federal Reserve’s (Fed) cautious approach to lowering interest rates.

(Bloomberg) -- US consumer-price data in the coming week, arriving on the heels of surprisingly strong jobs numbers, is projected to show a glacial slowdown in underlying inflation that explains the Federal Reserve’s cautious approach to lowering interest rates.Most Read from BloombergSaudis Scale Back Ambition for $1.5 Trillion Desert Project NeomTurkey Joins NATO Allies in Suspending Europe Arms TreatyMark Zuckerberg’s Wealth Exceeds Elon Musk’s for the First Time Since 20...

Nonfarm payrolls advanced 303,000 in March, the most in nearly a year, led by faster hiring in health care, construction, as well as leisure and hospitality.

(Bloomberg) — The Federal Reserve’s preferred measure of underlying US inflation probably remained uncomfortably high in February, showing why central bankers are wary about cutting interest rate too soon. The core personal consumption expenditures price index, which excludes food and energy costs, is seen rising 0.3% on the heels of its biggest monthly increase in…

(Bloomberg) -- The Federal Reserve’s preferred measure of underlying US inflation probably remained uncomfortably high in February, showing why central bankers are wary about cutting interest rates too soon.Most Read from BloombergHarassment and Drugs Plagued a Citigroup Division for YearsRussia Mourns 133 Killed in Deadliest Moscow Attack in DecadesGucci’s China Shock Reverberates Across the Luxury LandscapePutin’s Ukraine Plan at Heart of Response to Moscow AttackHong Kong...

(Bloomberg) — European stocks and US equity futures gained ahead of keenly awaited US inflation data that will help determine when the Federal Reserve finally pivots to monetary easing. The Stoxx Europe 600 rose 0.4%, headed by energy, basic resources and banks. Futures on the S&P 500 and Nasdaq 100 rose 0.2% and 0.5% respectively.…

(Bloomberg) -- Underlying US inflation topped forecasts for a second month in February as prices jumped for used cars, air travel and clothes, reinforcing the Federal Reserve’s cautious approach to cutting interest rates.Most Read from BloombergOne of the Most Infamous Trades on Wall Street Is Roaring BackStock Traders Bracing for Worst Shrug Off Hot CPI: Markets WrapChina Has Never Canceled This Many Shipments of US WheatNY Says Trump Should Post Full Bond During Fraud Case AppealUS Core...

(Bloomberg) — US equity futures gained with European stocks ahead of keenly awaited US inflation data that will help determine when the Federal Reserve finally pivots to monetary easing. Futures on the S&P 500 and Nasdaq 100 rose 0.2% and 0.4% respectively. US Treasury yields were steady and a gauge of the dollar was flat.…

(Bloomberg) -- A monthly report on US consumer prices due Tuesday won’t convince Federal Reserve officials it’s safe to begin lowering interest rates, according to Bloomberg Economics.Most Read from BloombergOne of the Most Infamous Trades on Wall Street Is Roaring BackStock Rally Stalls in Countdown to Inflation Data: Markets WrapTech CEOs Are Addicted to Taking Needless RisksChina Has Never Canceled This Many Shipments of US WheatThe core consumer price index, excluding food and ...