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This week, investors and economists will be closely monitoring the latest Consumer Price Index (CPI) data releases from the US and the UK. The CPI is an important economic indicator that measures the changes in the prices of goods and …
US stocks declined lower on Thursday, failing to find many reasons to climb higher and extending its previous slide amid higher bond yields, hawkish Fedspeak, and a surge in equity bullishness. The fresh fears surrounding the economic slowdown ahead of the key …
US stocks declined sharply on Wednesday, suffering heavy daily losses, and were dragged lower by a selloff in tech stocks as Federal Reserve speakers reinforced the idea that interest rates will need to keep climbing to quash inflation. Fed Governor Christopher Waller …
Federal Reserve Chairman Bill Powell said Tuesday that inflation is in the very early stages of easing, which may be a long process, the process may be bumpy, and must keep interest rates at restrictive levels for some time. In …
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