Why experts aren’t panicking about the latest jump in producer price inflation

fortune.com After three hot inflation reports helped push back the timing of the Federal Reserve’s long-anticipated interest rate cuts in the first quarter, investors were hoping to see…

Inflation expected to tick down in April as Fed officials weigh rate cuts

finance.yahoo.com On Wednesday, investors will digest one of the most important data points the Federal Reserve will consider in its next interest rate decision: April's Consumer Price Index…

PPI Inflation Acts Up in a Nasty Way: It Spikes after Big Downward Revisions

wolfstreet.com Services knocked it out of the ballpark. Not helpful for the Fed-favored core PCE price index later in May, which includes some of those services. The Producer Price Index,…

US Producer Prices Top Forecasts, But Details Offer Some Relief

finance.yahoo.com US producer prices rose in April by more than projected, though key components that feed into the Federal Reserve’s preferred inflation gauge were more muted. • None Macron…

US producer prices surge in April on strong services, goods

aol.com U.S. producer prices increased more than expected in April amid strong gains in the costs of services like portfolio management and hotel accommodation, indicating that…

The PPI Has Good News For The Fed; S&P 500 Futures Flat Ahead Of CPI

investors.com Producer price index data out Tuesday showed that inflation ran hotter in April, but downward revisions to earlier data assuaged concerns. Meanwhile, health care prices, the…

PPI Runs Hot, But Health Care Inflation Eases; S&P 500 Futures Slip

investors.com Producer price index data out Tuesday showed that inflation ran hotter in April, but downward revisions to earlier data assuaged concerns. Meanwhile, health care prices, the…

CPI Preview: Bitcoin Price Poised To Surge If Projections Hold True

newsbtc.com The US Consumer Price Index (CPI) data, set to be released tomorrow, May 15 (Wednesday), at 8:30 am ET, is anticipated to be a potentially significant catalyst for the…

'Worst of both worlds': Markets shudder as U.S. GDP slows, inflation reading spikes

financialpost.com Wall Street was rattled by economic figures that showed exactly what stock traders did not want to hear: a significant slowdown in the world’s largest economy and persistent…

The stock market is about to see a 10% correction, with further disinflation a 'pipe dream' and Fed rate cuts coming much later, Stifel says

markets.businessinsider.com The S&P 500 could fall around 500 points in a swift correction, Stifel strategists warned. • The investment firm said falling inflation was a "pipe dream," and Fed rate cuts…

The Fed’s 2% inflation target is a ‘pipe dream’ and stocks are set to drop 10%, Stifel’s Barry Bannister warns

finance.yahoo.com The Federal Reserve has been battling inflation for over two years now, raising interest rates and pulling liquidity from markets in hopes of cooling the economy. Despite…

Are Markups Driving the Ups and Downs of Inflation? No

frbsf.org How much impact have price markups for goods and services had on the recent surge and the subsequent decline of inflation? Since 2021, markups have risen substantially in a…

We've entered a world of zombie inflation. Wall Street is scared witless

finance.yahoo.com At the end of 2023 and the start of 2024, it appeared that the US was on a glide path to what I termed "economic nirvana": Growth would stay steady, if not spectacular, as…

April CPI: Goldman Sachs expects in-line inflation figures By

investing.com Goldman Sachs economists expect inflation figures for April to be roughly in line with consensus estimates. Specifically, the Wall Street giant projects a 0.28% increase in…

Fed to cut rates in September, say nearly two-thirds of economists: Reuters poll

aol.com The U.S. Federal Reserve will cut its key interest rate twice this year, starting in September, according to a stronger majority of economists polled who broadly raised…

Key Events This Week: All Eyes On CPI As Fed Speakers Galore

zerohedge.com Key Events This Week: All Eyes On CPI As Fed Speakers Galore After a very slow week, the key event for markets this week will be US inflation data with April’s PPI (Tuesday)…

Futures Rise; Five Magnificent Seven Stocks In Focus

investors.com Dow Jones futures rose slightly early Monday, along with S&P 500 futures and Nasdaq futures. Magnificent Seven stocks Apple (AAPL), Google-parent Alphabet (GOOGL), Microsoft…

Dow Jones, Nasdaq, S&P 500 weekly preview: CPI report, retail earnings in focus By

investing.com concluded its eighth straight day of gains, marking its best week in 2024. The index increased by 125.08 points, or 0.32%, finishing at 39,512.84. Meanwhile, the rose by…

Why America hasn't been able to put an end to sky-high prices

businessinsider.com At the end of 2023 and the start of 2024, it appeared that the US was on a glide path to what I termed "economic nirvana": Growth would stay steady, if not spectacular, as…

Heads up for US PPI tomorrow ahead of CPI

financialjuice.com It doesn’t happen often, but this is one of those months where we get US PPI data ahead of the CPI data. This means PPI will be a bit more important than usual as markets…

Fed Chairman Powell finds lowering rates too easy to swallow

foxbusiness.com Federal Reserve Chair Jerome Powell has been so eager to take credit for engineering an economic soft landing that he’s now made one much harder to achieve. His prediction…

This Week’s US Inflation Reports Are Expected to Shake Crypto Markets

cryptopotato.com Crypto markets remained flat over the weekend following a fall last week, dropping total capitalization to $2.38 trillion. This week’s economic calendar could induce more…

Cooling Core Inflation Will Offer Minimal Relief to the Fed

finance.yahoo.com Underlying US inflation probably moderated in April for the first time in six months, offering a ray of hope that price pressures will start to ease again after a string of…

Futures: Five Stocks Near Buy Points; Inflation Data Due

investors.com Dow Jones futures will open Sunday evening, along with S&P 500 futures and Nasdaq futures. Inflation data will be key in the coming week. The stock market rally had a solid…

Futures: Market Rally Near Highs; Inflation Data Due

investors.com Dow Jones futures will open Sunday evening, along with S&P 500 futures and Nasdaq futures. Inflation data will be key in the coming week. The stock market rally had a solid…

Nvidia, JPMorgan Chase Lead Five Stocks Near Buy Points

investors.com Nvidia[ticker symb=NVDA] and JPMorgan Chase (JPM) lead this weekend's watch list of five stocks near buy points entering a pivotal stretch for the S&P 500. Along with AI…

Why You Shouldn’t “Sell in May and Go Away”

investorplace.com There is a group of stocks that I suspect will bloom this summer… There is a popular Wall Street adage you’ve maybe heard: “sell in May and go away.” This originated from…

"The Jobs Market Is Weakening, Inflation Has Picked Up And Growth Unexpectedly Slowed"

zerohedge.com "The Jobs Market Is Weakening, Inflation Has Picked Up And Growth Unexpectedly Slowed" By Rabobank The Bank of England left the Bank Rate unchanged at 5.25% yesterday, but…

Bitcoin Plummets Toward $60k As Federal Reserve Considers Keeping Rates Elevated

cryptopotato.com Bitcoin’s price fell 2.5% to $60,300 on Friday as Federal Reserve officials weighed their options for combatting stubborn price inflation in the United States. Bitcoin…

Bitcoin Price Is Again Dictated By Fed Policy: Analyst

decrypt.co Now that Bitcoin ETF hype has died off, the price trajectory of the leading crypto asset is back in the hands of the Federal Reserve, a new analysis suggests. In a Friday…

Americans are feeling worse about the US economy amid inflation concerns

aol.com US consumers are becoming increasingly worried about the trajectory of the US economy amid sticky inflation and the prospect of high interest rates for longer than initially…

Mortgage rates drop for the first time in five weeks with experts adjusting their forecasts

finance.yahoo.com The average 30-year fixed mortgage rate dipped back toward 7% this week, settling at 7.09%, according to Freddie Mac. This is the first time the weekly average rate has…

The Fed's Faltering Grip on Bankless

bankless.com Outmatched. Troubling US economic data released this morning is suggesting that the Fed has lost control. What are the numbers saying, and how have markets reacted? The…

Bitcoin, Ethereum Stage Relief Rally Ahead of U.S. Economic Data

thedefiant.io Key economic indicators this week include GDP and PCE numbers, set for release on Thursday. Crypto markets recovered on Tuesday, with Bitcoin edging closer to the $67,000…

Treasury Yields To Stay Sticky As Neutral-Rate Fears Loom Large

zerohedge.com Treasury Yields To Stay Sticky As Neutral-Rate Fears Loom Large Authored by Ven Ram, Bloomberg cross-asset strategist, Treasury yields at the back end of the curve may stay…

Morgan Stanley now expects the Federal Reserve to start rate cuts in September

investing.com Investing.com -- Morgan Stanley informed investors in a note Wednesday that it does not expect the Federal Reserve to begin cutting rates until September. While the…

Stan Druckenmiller Gives Bidenomics An "F"

zerohedge.com Stan Druckenmiller Gives Bidenomics An "F" Billionaire investor and Duquesne Family Office Chairman & CEO Stan Druckenmiller slammed Bidenomics and warned the Federal…

Confidence Boost For The Fed

zerohedge.com Confidence Boost For The Fed By Bas van Geffen, Senior Macro Strategist at Rabobank Last Wednesday, Powell said that there had been a lack of further progress toward the…

Powell and the Fed Keep Their Eye on the Big Picture

carsongroup.com The big picture, coming out of the Federal Open Market Committee (FOMC) meeting is that inflation has eased considerably since last year, but it remains elevated. As a…

The Reasons the Fed’s Bowman is “Willing” to Hike Rates if “Incoming Data Indicate Progress on Inflation Has Stalled or Reversed”

wolfstreet.com She nails it with her list of inflation-fueling factors. It parallels what Powell said more softly at the press conference. The first three months of the year have produced…

Crypto Market: Key Events To Watch This Week

coingape.com The crypto market witnessed a significant recovery last week, while the market participants are eagerly awaiting the key events this week. Notably, amid the recent mixed…

Bitcoin Relative Strength Jumps To 40%: 10x Research Reveals Next Steps From Here

newsbtc.com Crypto research platform 10x Research recently noted that the Bitcoin Relative Strength has jumped to 40%. In line with this, they provided insights into what major moves…

Earnings will drive the market next week

cnbc.com Is the stock market rally here to stay after April's terrible month? With the Fed, Apple earnings and the jobs report passing with flying colors this week, the runway to…

Why April Was Supposed to be a Strong Month for the Market… Here’s What Happened Instead

investorplace.com Let’s take a look back at the month of April and why it was a bit of a disappointment… Editor’s Note: Hi, folks. Before we get into our Market 360 for the day, I wanted to…