The numbers: A key gauge of U.S. prices rose just 0.1% in November, marking the fifth month in a row in which inflation eased after peaking at a 40-year Read more
Tag: inflation figures
Consumer spending barely rose at start of holiday shopping season
The numbers: Consumer spending rose a tepid 0.1% in November, suggesting greater caution by households and heavy discounting in the holiday shopping season. Analysts polled by The Wall Street Journal Read more
Canada Producer Prices Slip in November
By Robb M. Stewart OTTAWA–Producer prices in Canada eased in November, led by energy products, and Canadian companies paid slightly less for raw materials. Statistics Canada’s industrial product price index Read more
Swiss National Bank Slows Tightening Cycle With a 50 Basis Points Interest-Rate Rise
By Xavier Fontdegloria Switzerland’s National Bank on Thursday increased interest rates for a third consecutive time in as many meetings, but slowed the pace of rises as inflation pressures moderated. Read more
Asian stocks follow Wall Street’s downward path in wake of Fed warning on rate-hike outlook
BANGKOK (AP) — Asian shares skidded Thursday after a retreat on Wall Street as markets registered their dismay over the Federal Reserve’s warning that still higher interest rates are in Read more
Import prices fall for fifth month in a row to help ease U.S. inflation
The numbers: The cost of imported goods fell 0.6% in November and retreated for the fifth month in a row, helping to ease intense inflationary pressures in the U.S. Economists Read more
Vanguard sees a recession in 2023 — and one ‘silver lining’ for investors
The last 12 months was a year of fast-rising inflation, fast-rising interest rates and fast-rising questions about a future recession. Prices went up while stock markets and savings account balances Read more
U.S. stock futures fly high on cooler-than-expected inflation report
U.S. stock futures started soaring Tuesday on the heels of a closely watched inflation report that turned out to be cooler than expected, bolstering the theory that peak inflation is Read more
U.S. inflation slows again, CPI shows, as Fed prepares to raise interest rates
The numbers: The cost of living rose a scant 0.1% in November, the latest in a string of mild readings that suggest the worst U.S. inflation in 40 years is Read more
Opinion: Opinion: Household wealth falls $13.5 trillion, second worst drop on record
American households lost about $6.8 trillion in wealth over the first three quarters of 2022 as the stock market SPX, -0.73% DJIA, -0.90% COMP, -0.70% shed more than Read more