Fed Wont Rush News Today : Breaking News, Live Updates & Top Stories | Vimarsana

(Bloomberg) -- Stock trading was choppy as investors awaited the start of the earnings season, while weighing the risk of inflation against prospects for an economic rebound. Traders have been concerned that price pressures will sap corporate profits and growth just as policy makers get ready to withdraw stimulus. Federal Reserve Bank of Atlanta President Raphael Bostic said inflation caused by supply-chain disruptions or the reopening of the services sector is likely to last and seems to be broadening to more parts of the economy. The conditions required to begin tapering the bond-buying prog...

(Bloomberg) -- Stocks retreated as investors awaited the start of the earnings season and a report that’s forecast to show consumer prices remained elevated. Traders have been concerned about price pressures and supply disruptions that have wreaked havoc on industries around the world. Apple Inc. is likely to cut its projected iPhone 13 production targets for 2021 because of prolonged chip shortages, Bloomberg News reported. Federal Reserve Bank of Atlanta President Raphael Bostic said the inflation surge is lasting longer than officials expected, so it’s not appropriate to refer to such r...

(Bloomberg) -- Stocks fell in a choppy trading session as investors awaited the start of the earnings season, while weighing the risk of inflation as the Federal Reserve gets ready to reduce its pandemic-era stimulus. Traders have been concerned that price pressures and supply-chain snarls will sap corporate profits and growth. Fed Bank of Atlanta President Raphael Bostic said this year’s inflation surge is lasting longer than policy makers expected, so it’s not appropriate to refer to such increase as transitory. Vice Chair Richard Clarida noted that the conditions required to begin taper...