The Latest Breaking News from Inflation

CPI Report Indicating Lower Inflation: What to Buy and What to Sell?

After the recent CPI numbers were released, investor sentiment indicated an 85% likelihood of a rate cut at the Federal Reserve's September meeting, up from approximately 70% the prior trading session. This expectation shift has boosted the appeal of gold, as declining interest rates make gold more attractive. Following the…

Barchart · Jul 11, 2024

The U.S. just got its best inflation report in over 3 years, but stocks are still down. Here's why

“Is the market down? Or is this the most extreme rotation that we've ever seen out of everything that people have been hiding in?” Bancreek Capital Advisors’s Eric Pachman asked.

Fortune · Jul 11, 2024

Stock Market Today: Markets Mixed as Rising Rate-Cut Bets Boost Small Caps

A surprisingly soft inflation report sparked a rotation from mega-caps into riskier names.

Kiplinger · Jul 11, 2024

US Consumer Inflation Eases More Than Expected In June

US inflation cooled more than expected in June, government data showed Thursday, a positive development for President Joe Biden as he fights to win confidence on his economic record in his reelection bid.

International Business Times · Jul 11, 2024

Stocks Set to Open Higher as Tame CPI Clears Path for Powell Rate Cuts

September S&P 500 E-Mini futures (ESU24) and September Nasdaq 100 E-Mini futures (NQU24) reversed earlier losses this morning as a crucial U.S. inflation reading came in cooler than expected, clearing the way for Federal Reserve interest rate cuts later this year.

Barchart · Jul 11, 2024

Inflation Continues To Fall As Interest Rate Cuts Look More Promising

The latest economic data could result in long-awaited interest rate cuts after the Consumer Price Index (CPI) -- a key factor in the Federal Reserve's bid to lower inflation -- came in below projections on Thursday.

International Business Times · Jul 11, 2024

Consumer Price Index Rises 3.0% In June

US CPI rose by 3.0% year-over-year in June, slightly below expectations. Core CPI also moderated, indicating stable inflationary pressures.

Top News · Jul 11, 2024

Healthier economy may delay interest rate cuts in a blow for borrowers

The Office for National Statistics said gross domestic product, or the output for the economy, increased by 0.4 per cent in May

The Independent UK · Jul 11, 2024

US Inflation Expected To Remain Under Control

Insightful update on U.S. inflation: mild increases expected, cautious optimism from Federal Reserve, and challenges in essential expenses and job market.

Top News · Jul 11, 2024

IRS Collects Over IRS Collects Over Top News Billion In Past-Due Taxes From Millionaires Billion In Past-Due Taxes From Millionaires

Learn how the IRS collected over IRS Collects Over Top News Billion In Past-Due Taxes From Millionaires billion in overdue taxes from millionaires and modernized taxpayer services through the Inflation Reduction Act.

Top News · Jul 11, 2024