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Softer than expected U.S. inflation data buoyed investors' faith that twin rebounds in stocks and bonds will persist in a year of deep losses for both asset classes.
Market analysts are digging through the data and finding new trends and fresh hurdles that the economy still needs to overcome.
Larry Summers, a former Treasury Secretary under Bill Clinton, is blaming inflation on the U.S. Federal Reserve and warns that the price rise can only be arrested by “dislocation” of the economy.
The U.S. annual inflation rate climbed to 9.1 percent in June, topping the market estimate of 8.8 percent ...
The U.S. economy added 372,000 jobs in June, above the market estimate of 250,000. Although job growth exceeded expectations, ...