New post-Brexit UK border controls coming into force later this month will cost British businesses £2bn and fuel higher inflation,…
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Bond market investors who fund most mortgage loans are increasingly convinced the latest inflation numbers mean the Federal Reserve won’t…
Read More »:max_bytes(150000):strip_icc()/latestGainersLosers-cab96a60133d4a299e0532482e61549f.png?w=780&resize=780,470&ssl=1 "Index Falls as CPI Report Shows Uptick in Inflation")
Key Takeaways The S&P 500 dropped 1.0% on Wednesday, April 10, 2024, as hotter-than-expected inflation data added uncertainty to the…
Read More »:max_bytes(150000):strip_icc()/GettyImages-1440703929-36db779da83e454d89bec204cb7cbfc0.jpg?w=780&resize=780,470&ssl=1 "Stubborn Inflation Means Higher Interest Rates for Longer")
Key Takeaways High inflation could doubly hurt household finances by forcing up borrowing costs on all kinds of loans. Recent…
Read More »:max_bytes(150000):strip_icc()/GettyImages-1242120805-a56e0257f9d14ecca8fe148f173e3971.jpg?w=780&resize=780,470&ssl=1 "Real Estate Stocks Sink as Sticky Inflation Threatens Higher-for-Longer Rates")
Key Takeaways Real estate stocks were many of the S&P 500’s worst-performing stocks on Wednesday after data showed inflation remained…
Read More »:max_bytes(150000):strip_icc()/GettyImages-2128588567-e78f329d9214432f8b5b65ecd978c67c.jpg?w=780&resize=780,470&ssl=1 "Inflation Rose Faster Than Expected For Third Consecutive Month In March")
Consumer prices rose 3.5% over the year in March, accelerating from 3.2% in February. It was the third time in…
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“Mortgage rates increased this week on higher than expected inflation data,” said Orphe Divounguy, senior macroeconomist at Zillow Home Loans.…
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Jamie Dimon thinks interest rates could rise to 8 percent or more. He also said in a new letter that…
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Joseph Yusuf plays basketball with his daughter, Jakayla Morton, 11, in Alexandria, Va., on March 29. Keren Carrión/NPR hide caption…
Read More »:max_bytes(150000):strip_icc()/GettyImages-2079078612-26d1cbdda64442199a56f9269877a60d.jpg?w=780&resize=780,470&ssl=1 "What To Expect From Wednesday’s Inflation Report")
Key Takeaways The widely-watched report on the Consumer Price Index (CPI) next week is expected to show overall inflation accelerating…
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