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Blistering March inflation report shocks market, rate cut expectations drop drastically. Probability of 2024 rate cuts falls from 4 to 1.
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,…
Market awaits eagerly anticipated CPI report for March, expected to impact Fed rate cut decisions. Economists predict slight rise in inflation.
This week’s market spotlight is squarely fixed on the eagerly awaited Consumer Price Index (CPI) report for March, scheduled for release on ...
America's employers delivered another outpouring of jobs in March, adding a sizzling 303,000 workers to their payrolls and bolstering hopes that the economy can vanquish inflation without succumbing to a recession in the face of high interest rates.