Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News Editorials & Other Articles General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

mahatmakanejeeves

(62,103 posts)
5. Stocks: All eyes on U.S. inflation report
Thu Jan 12, 2023, 07:30 AM
Jan 2023
Bloomberg

Stocks Climb, US Futures Becalmed Before CPI Data: Markets Wrap

John Viljoen
Thu, January 12, 2023 at 7:17 AM EST · 3 min read

{snip}

Every aspect of Thursday’s CPI report will be scrutinized, with extra attention on core inflation, which excludes food and energy and is seen as a better indicator than the headline measure. The projected 5.7% increase would be well above the Fed’s goal, helping explain its intention of keeping rates higher for longer. But the year-over-year price growth would also show moderation.

{snip}

Recommendations

0 members have recommended this reply (displayed in chronological order):

Latest Discussions»Issue Forums»Economy»Why Thursday's U.S. CPI r...»Reply #5