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(Bloomberg) -- The Treasury market appears more likely to respond in a logical way to Wednesday’s Federal Reserve communications because of indications that the past week’s U.S. stock-market bloodbath cleared out a crowded camp of bets on higher yields.
Americans discuss how they're coping with price increases spurred by COVID-19. And even while they tighten budgets, inflation means they spend more.
Economists expect a 7 percent gain in the Consumer Price Index, which would be the fastest pace since mid-1982.
Economists expect a 7 percent gain in the Consumer Price Index, which would be the fastest pace since mid-1982.
Powell Makes Case for Fed Curbing Inflation While Doing No Harm