The Latest Breaking News from Inflation

The strongest surge in hiring since March keeps the Fed on hold for now.

Pound falls against the dollar and bond yields rise amid concerns over high UK inflation and interest rates

The FOMC is unlikely to cut interest rates in 2025 because of strong labor market and inflation data. There is a growing risk of higher rates.

The S&P 500 Index ($SPX ) (SPY ) today are down -1.17%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is down -0.91%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -1.49%. March E-mini S&P futures (ESH25 ) are down -1.19%, and March E-mini Nasdaq futures...

UK borrowing costs have risen rapidly to their highest level since the banking crisis of 2007-08, with implications for the government’s tax and spending plans. Yields on gilts, as UK government bonds are called, have been rising – and these yields are effectively the level of interest that the government…

Economy adds 256,000 jobs in December, with Biden boasting of 16.6m jobs created during presidency

U.S. hiring picked up unexpectedly in December as employers added 256,000 jobs, another sign of the economy’s resilience in the face of high interest rates

March S&P 500 E-Mini futures (ESH25) are trending down -0.27% this morning as investors adopted a cautious stance ahead of the all-important U.S. jobs report that will help shape the outlook for interest rates.

March S&P 500 E-Mini futures (ESH25) are trending down -0.01% this morning as investors adopted a cautious stance ahead of the all-important U.S. jobs report that will help shape the outlook for interest rates.