The Latest Breaking News from Inflation

Getting inflation down to 2 per cent is a key target for the Bank of England

Drop in April is smaller than forecast but level is still lowest in almost three years

Thanks to signs of easing inflation in May we have enjoyed a rally for stocks with the S&P 500 (SPY) making new all time highs. What happens next for stocks very much is tied to the results for these 5 upcoming economic reports. Steve Reitmeister previews these announcements with keys…

The S&P 500 Index ($SPX ) (SPY ) Tuesday closed up +0.25%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed up +0.17%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +0.21%. US stock indexes closed moderately higher on Tuesday as they consolidated just below last...

Rate of Consumer Prices Index inflation falls to 2.3 per cent in April

The dollar index (DXY00 ) Tuesday rose by +0.09%. The dollar Tuesday finished slightly higher on comments from Fed Governor Waller and Atlanta Fed President Bostic, who said they favor waiting for inflation to decline before cutting interest rates. Gains in the dollar were contained on Tuesday due to lower...

Dimon says he’s “cautiously pessimistic” about the future of inflation, spending, and the geopolitical landscape.

With prices forecast to increase at their slowest pace since 2021, we look at the biggest risers in goods and services

The S&P 500 Index ($SPX ) (SPY ) today is up +0.11%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.16%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -0.09%. US stock indexes today are mixed. Stocks are wavering today based on comments from...