Lower-than-expected data on wholesale prices and resilient earnings from retailers were cheered by investors.
Tag: Federal Reserve System
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Biden, Pointing to Cooling Inflation, Extols His Economic Policies
The president took credit for signs that rapid price rises were moderating, after spending months on the defensive about his handling of the economy.
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Markets Soar on Signs of Slower Inflation
Stocks rallied and bond yields tumbled as investors reset their expectations for the pace of interest rate increases by the Federal Reserve.
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Takeaways From a Hopeful Inflation Report
The Consumer Price Index in October showed that inflation remained rapid, but there were some hopeful signs under the surface.
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Inflation Plagues Democrats in Polling. Will It Crush Them at the Ballot Box?
Americans are extremely attuned to the cost of living, and as midterm election voters head to the polls, they are divided over whom to blame.