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4 Experts On What The 8.2% CPI Print Means For The Fed & The Markets: Could 'Supersize' Rate Hike Spark 'Rude Awakening'?
Thursday, October 13, 2022 - 11:33am | 904The Labor Department on Thursday reported an 8.2% year-over-year increase in the consumer price index for September, which sent the SPDR S&P 500 (NYSE: SPY) tumbling lower. What Happened: The headline CPI rose 8.2% in September, down from 8.3% in August...
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Federal Reserve Issues Third Straight 0.75% Interest Rate Hike: What It Means For The Struggling Stock Market
Wednesday, September 21, 2022 - 2:04pm | 672The Federal Reserve raised its target fed funds rate by 0.75% on Wednesday to a new range of between 3% and 3.25%, its third 0.75% rate hike in four months. The Fed said it will continue with its previously announced plan to let Treasury securities and agency debt and agency mortgage-backed...
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3 Pros On What 8.3% CPI Inflation Number Means For The Fed: 'A Strategic Error Of Epic Proportions'
Tuesday, September 13, 2022 - 2:50pm | 729The Labor Department on Tuesday reported an 8.3% year-over-year increase in the consumer price index for August, which sent the SPDR S&P 500 (NYSE: SPY) and the Invesco QQQ Trust (NASDAQ: QQQ) spiraling lower. The headline CPI rose 8.3% in August, down from 8.5% in July,...