Uh-Oh: Why These 2 Key Inflation Indicators Are Cause For Worry
A pair of economic indicators are injecting worry into market bulls Thursday morning. Here's a look at what the data means for the Federal Reserve, and ultimately the markets.
US Stocks’ Resilience Faces Test As Traders Await Flurry Of Economic Data: Fed May ‘Surprise To The Upside’ On Rates Again In 2023, Says Analyst
The resilient market faces another test on Thursday, as traders get to digest another set of economic data and a few Fed speeches. The index futures pointed to a cautious start on Thursday.
Cues From Wednesday’s Trading:
Retail Sales Boom In January: Here’s The Word On The Street, What It Means For The Federal Reserve
Retail sales in the U.S. increased more than economists anticipated last month, suggesting economic activity picked up to start the year following a slowdown around the holiday season.
Nasdaq, S&P 500 Futures Indicate Weak Opening For Wall Street: Retail Sales Data To Be In Focus
Stock futures indicate major Wall Street indices are expected to open lower on Wednesday, in continuation to Tuesday's fall, after inflation came in higher than expected.
Fed Officials Keep Elbow Room For Over 5% Policy Rate On Sticky Inflation: ‘Seems To Be Right Kind Of Framing’
Federal Reserve officials reportedly said on Tuesday the central bank will have to keep gradually raising interest rates…
El-Erian Says Last Few Weeks Of Data Suggest Recession Can Still Be Averted: ‘Hoping Strength Of Economy Stays’
Allianz chief economic adviser and noted economist Mohamed El-Erian said he believes the last few weeks of data…