MarketWatch Live: Stocks move slightly lower at Friday open after inflation data
Tag: inflation
High U.S. inflation is on the wane, PCE price gauge shows
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
Consumer confidence hits 8-month high as worries about inflation and recession fade
The numbers: A survey of consumer confidence jumped to a eight-month high of 108.3 in December, reflecting fewer worries about inflation and more optimism about jobs and the economy. The Read more
Fed hikes interest rate by half percentage point — benchmark rate seen topping out at 5.25%
The Federal Reserve on Wednesday raised its benchmark interest rate by 0.5 percentage point and signaled more tightening next year. The half-point increase brings the Fed’s federal funds rate up 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
Dow ends up 105 points Tuesday, stocks post back-to-back gains as inflation data cools
U.S. stocks closed higher Tuesday in a choppy session, after a gauge of consumer prices showed inflation continued to retreat from its June peak. The Dow Jones Industrial Average DJIA, Read more
Biden on latest consumer inflation report: ‘Things are getting better’
President Joe Biden on Tuesday gave an upbeat speech following a lower-than-expected reading for the consumer price index. “Make no mistake — prices are still too high. We have a 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
Dow jumps more than 500 points as stocks end higher ahead of highly-anticipated inflation data
U.S. stocks closed sharply higher Monday, bouncing from last week’s losses ahead of a highly-anticipated reading on inflation for November. The Dow Jones Industrial Average DJIA, +1.58% ended up more Read more