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The yield on the 10-year Treasury note is often a reliable indicator of how Wall Street views the prospects of economic growth — especially when other data points send confusing signals.
The Labor Department will release the Consumer Price Index at 8:30 a.m., and Wall Street will be watching a few key categories.
Continue reading …The rise in the longer-term price gauge was small, but it comes at a time when Fed officials are closely watching such metrics.
Continue reading …In an upside-down world of financial markets, expected returns after inflation are at record lows.
Continue reading …The Federal Reserve’s inflation gauge popped in June from the prior year. Economists think it will begin to moderate.
Continue reading …The Personal Consumption Expenditures index popped 4 percent in June from the prior year. Economists think it will begin to moderate.
Continue reading …Republicans say President Biden’s spending plans will keep inflation rising, but the White House says the proposals could help tame costs.
Continue reading …The central bank held policy steady. But it made the clearest hint yet that it will soon begin to shift from emergency mode.
Continue reading …Federal Reserve officials conclude a two-day meeting in Washington on Wednesday. The focus will be on laying the groundwork for less supportive policy.
Continue reading …The gap between the rich and poor countries will widen as the United States and other advanced economies will expand faster than expected, according to new projections.
Continue reading …