[ad_1] “‘This is a war that [the Federal Reserve has] won, and now they are in danger of tipping the economy into recession and making the fiscal problem worse, so…
[ad_1] Hi, MarketWatchers. Don’t miss these top stories. IRS says ‘Tax Day’ will be different this year — put these important tax dates on your calendar Two thirds of households…
[ad_1] U.S. bond yields of shorter-duration were slightly higher on Thursday amid cautious trading ahead of the U.S. December inflation report. What’s happening The yield on the 2-year Treasury TMUBMUSD02Y,…
[ad_1] Bond yields fell on Tuesday as U.S. investors returned from the festive break with concerns about a slowing global economy driving the action. What’s happening The yield on the…
[ad_1] South Korea’s headline inflation averaged 5.1% in 2022, the highest in more than two decades, amid signs that price growth appears to be easing recently. The benchmark consumer-price index…
[ad_1] What is your resolution for the New Year? Millions of Americans are already coming up with their financial goals. Whether they keep them or not, of course, is another…
[ad_1] “‘Getting from the high inflation where we are now towards 3[%] is baked in.’ ” — Adam Posen, president of the Peterson Institute for International Economics The inflation outlook…
[ad_1] Gold prices settled higher Friday ahead of a long holiday weekend, as the latest U.S. inflation data showed signs of cooling, but not enough to quell expectations the Federal…
[ad_1] The numbers: A key gauge of U.S. prices rose just 0.1% in November, marking the fifth month in a row in which inflation eased after peaking at a…
[ad_1] Food inflation slowed in November. Food prices rose 10.6% last month compared with a year ago, down from 10.9% in October, according to government data released Tuesday. Grocery prices,…
[ad_1] Germany’s inflation decelerated in November, having come down from the highest reading in more than 70 years in October, the Federal Statistics Office, or Destatis, said Tuesday, confirming first…
[ad_1] Gold prices edged higher on Friday, on track to mark their highest finish in just over a week, after the U.S. November producer-price inflation came in slightly higher than…
[ad_1] China’s inflationary pressure eased in November, as COVID-19 outbreaks curbed domestic demand, official data showed Friday. China’s consumer price index rose 1.6% from a year earlier in November, moderating…
[ad_1] More than half of U.S. adults said this month that higher prices have caused financial hardship for their households after a year marked by the worst inflation in four…
[ad_1] ARK Invest CEO Cathie Wood says investors are looking at the wrong historical period in making comparisons to the current high inflation environment. “If you go back to the…
[ad_1] Turkey’s inflation fell for the first time in 18 months, a sign of moderating price pressures as the country’s central bank ended its interest-rate cutting cycle. The consumer price…
[ad_1] The Federal Reserve should downshift the pace of its rate hikes in December, said Federal Reserve Vice Chairman for Supervision Michael Barr on Thursday. The Fed has pushed up…
[ad_1] St. Louis Federal Reserve President James Bullard is scheduled to sit down for an exclusive interview with MarketWatch on Monday, to discuss the outlook for the economy and monetary…
[ad_1] Senior officials at the Federal Reserve expect smaller increases in interest rates will “soon be appropriate” as the threat of recession grows. Although the Fed still expects rates to…
[ad_1] Credit-card application rates remained strong this year at an average of 26.7% — 3.6 percentage points above the average rate for 2021 — amid large increases in balances and…
[ad_1] U.K. inflation accelerated in October, reaching a fresh four-decade high, as higher wholesale energy prices fed through households’ utility bills. The U.K.’s Office for National Statistics said Wednesday that…
[ad_1] The numbers: U.S. wholesale prices rose just 0.2% in October, a fourth straight soft reading that suggests inflation is on the wane after hitting a 40-year high earlier in…
[ad_1] Bond yields fell on Tuesday ahead of U.S. producer prices data. What’s happening The yield on the 2-year Treasury TMUBMUSD02Y, 4.348% slipped 3 basis points to 4.361%. Yields move…
[ad_1] Two- and 10-year Treasury yields advanced by the most in over a week on Monday, following weekend comments by Federal Reserve Governor Christopher Waller who said financial markets seem…
[ad_1] Inflation is cooling, but shelter makes up the lion’s share. Headline inflation fell by more than expected last month. In October, prices rose by 7.7% on the year in…
The Fed has won its ‘war’ against inflation, says JPMorgan analyst. And now it needs to stop hiking interest rates.
[ad_1] “‘This is a war that [the Federal Reserve has] won, and now they are in danger of tipping the economy into recession and making the fiscal problem worse, so…
The housing market is showing signs of ‘normalizing’ and IRS says ‘Tax Day’ will be different this year — put these important tax dates on your calendar
[ad_1] Hi, MarketWatchers. Don’t miss these top stories. IRS says ‘Tax Day’ will be different this year — put these important tax dates on your calendar Two thirds of households…
Treasury yields mixed ahead of inflation data
[ad_1] U.S. bond yields of shorter-duration were slightly higher on Thursday amid cautious trading ahead of the U.S. December inflation report. What’s happening The yield on the 2-year Treasury TMUBMUSD02Y,…
Treasury yields dive amid global growth worries
[ad_1] Bond yields fell on Tuesday as U.S. investors returned from the festive break with concerns about a slowing global economy driving the action. What’s happening The yield on the…
South Korea’s inflation ends 2022 at more than two-decade high
[ad_1] South Korea’s headline inflation averaged 5.1% in 2022, the highest in more than two decades, amid signs that price growth appears to be easing recently. The benchmark consumer-price index…
Americans name their No. 1 financial New Year’s resolution — and the timing couldn’t be better
[ad_1] What is your resolution for the New Year? Millions of Americans are already coming up with their financial goals. Whether they keep them or not, of course, is another…
U.S. inflation dropping to a 3% range by end of 2023 is already ‘baked in’ the data, Adam Posen says
[ad_1] “‘Getting from the high inflation where we are now towards 3[%] is baked in.’ ” — Adam Posen, president of the Peterson Institute for International Economics The inflation outlook…
Gold ends the week above $1,800 level as U.S. inflation data shows signs of cooling
[ad_1] Gold prices settled higher Friday ahead of a long holiday weekend, as the latest U.S. inflation data showed signs of cooling, but not enough to quell expectations the Federal…
High U.S. inflation is on the wane, PCE price gauge shows
[ad_1] The numbers: A key gauge of U.S. prices rose just 0.1% in November, marking the fifth month in a row in which inflation eased after peaking at a…
The rise in food prices in November slowed from the 40-year-high in August
[ad_1] Food inflation slowed in November. Food prices rose 10.6% last month compared with a year ago, down from 10.9% in October, according to government data released Tuesday. Grocery prices,…
German inflation decelerates from 70-year high
[ad_1] Germany’s inflation decelerated in November, having come down from the highest reading in more than 70 years in October, the Federal Statistics Office, or Destatis, said Tuesday, confirming first…
Gold prices on track for highest finish in a week after U.S. inflation data
[ad_1] Gold prices edged higher on Friday, on track to mark their highest finish in just over a week, after the U.S. November producer-price inflation came in slightly higher than…
China’s inflation slows, with food-price growth easing sharply
[ad_1] China’s inflationary pressure eased in November, as COVID-19 outbreaks curbed domestic demand, official data showed Friday. China’s consumer price index rose 1.6% from a year earlier in November, moderating…
Inflation is causing hardship for more than half of U.S. adults, poll says
[ad_1] More than half of U.S. adults said this month that higher prices have caused financial hardship for their households after a year marked by the worst inflation in four…
Cathie Wood says the better historical parallel for the current high inflation environment is World War I, not the 1970s
[ad_1] ARK Invest CEO Cathie Wood says investors are looking at the wrong historical period in making comparisons to the current high inflation environment. “If you go back to the…
Turkey inflation eased in November for first time in more than a year
[ad_1] Turkey’s inflation fell for the first time in 18 months, a sign of moderating price pressures as the country’s central bank ended its interest-rate cutting cycle. The consumer price…
Fed’s Barr says slowing pace of interest-rate hikes ‘makes sense’
[ad_1] The Federal Reserve should downshift the pace of its rate hikes in December, said Federal Reserve Vice Chairman for Supervision Michael Barr on Thursday. The Fed has pushed up…
Fed’s Bullard set to talk inflation, interest rates in MarketWatch Q&A Monday
[ad_1] St. Louis Federal Reserve President James Bullard is scheduled to sit down for an exclusive interview with MarketWatch on Monday, to discuss the outlook for the economy and monetary…
Fed eyes slower rate hikes as recession threat grows
[ad_1] Senior officials at the Federal Reserve expect smaller increases in interest rates will “soon be appropriate” as the threat of recession grows. Although the Fed still expects rates to…
U.S. demand for credit cards holds strong amid rising rates, New York Fed says
[ad_1] Credit-card application rates remained strong this year at an average of 26.7% — 3.6 percentage points above the average rate for 2021 — amid large increases in balances and…
U.K. inflation hit fresh four-decade high of 11.1% in October
[ad_1] U.K. inflation accelerated in October, reaching a fresh four-decade high, as higher wholesale energy prices fed through households’ utility bills. The U.K.’s Office for National Statistics said Wednesday that…
Wholesale prices rise slowly again and point to softening U.S. inflation
[ad_1] The numbers: U.S. wholesale prices rose just 0.2% in October, a fourth straight soft reading that suggests inflation is on the wane after hitting a 40-year high earlier in…
Treasury yields dip as traders eye U.S. producer prices data
[ad_1] Bond yields fell on Tuesday ahead of U.S. producer prices data. What’s happening The yield on the 2-year Treasury TMUBMUSD02Y, 4.348% slipped 3 basis points to 4.361%. Yields move…
2-year Treasury yield jumps by most in more than a week as Fed official pushes back on inflation optimism
[ad_1] Two- and 10-year Treasury yields advanced by the most in over a week on Monday, following weekend comments by Federal Reserve Governor Christopher Waller who said financial markets seem…
New homeowners and renters bear the brunt of October inflation — they’re cutting back on eating out, entertainment and vacations to beat rising costs
[ad_1] Inflation is cooling, but shelter makes up the lion’s share. Headline inflation fell by more than expected last month. In October, prices rose by 7.7% on the year in…