Wednesday’s release of the consumer-price index report for July contained enough downside surprises to give stock investors hope the worst of inflation may be behind. Yet an undercurrent of worry Read more
Tag: July
Grocery prices in July had largest price increase since 1979 — with one food staple rising by 38% on the year
The rise in the cost of living cooled in July, but not for grocery prices. The price of food at home rose 1.3% from June to July, marking a 13.1% Read more
Dow advances over 400 points after CPI data shows cooling inflation in July
U.S. stock indexes opened higher on Wednesday, after the July U.S. consumer-price index report showed a slowdown of headline inflation from June, primarily thanks to falling energy prices. How are Read more
U.S. consumer price inflation cools in July, core prices sticky
The numbers: The U.S. consumer price index was unchanged in July, the Labor Department said Wednesday, compared with the 1.3% gain in the prior month. Economists polled by The Wall Read more
Dow futures surge over 400 points after CPI data shows cooling inflation in July
U.S. stock futures jumped on Wednesday, after the July U.S. consumer-price index report showed a slowdown of headline inflation from June, primarily thanks to falling energy prices. How are stock-index Read more
U.S. consumer price inflation cools in July, core prices sticky
The numbers: The U.S. consumer price index was unchanged in July, the Labor Department said Wednesday, compared with the 1.3% gain in the prior month. Economists polled by The Wall Read more
Coming up: U.S. July CPI data due at 8:30 AM Eastern
Economists expect the CPI data to be released later Wednesday to be a “mixed bad,” according to Chris Low, chief economist at FHN Financial. Headline inflation is expected to retreat Read more
Will the stock-market and crypto rally survive the July inflation report?
The July consumer-price index to be released on Wednesday may determine whether the recent rally for stocks and crypto can be sustained, as traders look for any signs of slowing Read more
U.S. consumers likely got some relief from sizzling price increases in July but Fed won’t feel any better
U.S. consumer price data for July is expected to show some moderation in the torrid pace of inflation in June and, while Wall Street might like it, the data is Read more
Stock-market investors wrestle with ‘boomflation’ after hot July jobs report
The worry instead turned to what a rip-roaring labor market and surging costs for everything means for stocks and bond portfolios, particularly if it turns into a mix of higher Read more