• Rise in core consumer prices stokes inflation fears

    6 days ago - By Philly

    WASHINGTON - U.S. consumer prices, excluding the volatile food and energy categories, rose 0.3 percent last month. That was the biggest climb in a year and has intensified inflation fears in financial markets.
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  • What's Really Worrying About the Inflation Fears That Hit the Stock Market

    6 days ago - By Fortune

    Consumer prices rose faster than expected in January, briefly pushing the stock markets as measured by the S&P 500 and Dow Jones Industrial average into the red Wednesday.
    Investors took the Core Consumer Price Index's year-over-year jump of 1.8% in January, compared to the expected 1.7%, as a sign that more inflation is in the works. The logic goes that the trend of a rising CPI could lead the Fed to ease up on its fiscal stimulus by raising interest rates .
    But it isn't just the thought of potentially more Federal Reserve interest rate hikes that has investors worried -rather, investors...
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  • Key Measures Show Inflation Increased in January

    Key Measures Show Inflation Increased in January

    6 days ago - By Calculated Risk

    The Cleveland Fed released the median CPI and the trimmed-mean CPI this morning:
    According to the Federal Reserve Bank of Cleveland, the median Consumer Price Index rose 0.3% in January. The 16% trimmed-mean Consumer Price Index also rose 0.3% during the month. The median CPI and 16% trimmed-mean CPI are measures of core inflation calculated by the Federal Reserve Bank of Cleveland based on data released in the Bureau of Labor Statistics' monthly CPI report.
    Earlier today, the BLS reported that the seasonally adjusted CPI for all urban consumers rose 0.5% in January. The CPI less food and...
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  • Rising inflation rekindles a big market fear from the 1970s

    6 days ago - By CNBC

    January's hotter-than-expected consumer price index reading pushes the economy closer to a potential danger zone.
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  • Stocks climb as investors shake off inflation worries

    6 days ago - By Chron

    NEW YORK - U.S. stocks are shaking off an early decline and rising Wednesday as banks climb along with bond yields. The increase in rates came after the government said consumer prices climbed in January at a rate that was faster than economists had expected. There were few signs of the worries about inflation that sent stocks falling in the last few weeks, as technology, industrial and consumer-focused companies also rose.
    KEEPING SCORE: The Standard & Poor's 500 index rose 14 points, or 0.6 percent, to 2,677 as of 11:40 a.m. Eastern time. The Dow Jones industrial average added 44 points...
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  • The Cost of Clothes and Shoes Rose the Fastest in 30 Years Last Month - and the Markets Aren't Happy

    6 days ago - By Fortune

    U.S. consumer prices rose by more than projected in January as apparel costs jumped the most in nearly three decades. The report sent Treasuries and stocks tumbling, as it added to concerns about an inflation pickup that have roiled financial markets this month.
    The consumer price index rose 0.5 percent from the previous month, above the median estimate of economists for a 0.3 percent increase, a Labor Department report showed Wednesday. Excluding volatile food and energy costs, the so-called core gauge increased 0.3 percent, also above forecasts for 0.2 percent. It was up 1.8 percent from...
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  • Higher wages, fuel prices turn up cost pressure on airlines

    6 days ago - By Reuters

    BERLIN - With inflation paramount in investors' minds at a time of rising wages and oil prices, the line separating winners and losers in the global airline industry this year looks likely to be drawn on how well they manage costs, especially on the labor side.
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  • U.S. inflation firms broadly in January, puts spotlight on Fed

    6 days ago - By Reuters

    WASHINGTON - U.S. consumer prices rose more than expected in January, with a measure of underlying inflation posting its biggest gain in a year, strengthening expectations the Federal Reserve will have to quicken the pace of interest rate increases this year.
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  • Banks lead early gains as US stock indexes turn higher

    6 days ago - By Chron

    NEW YORK - U.S. stocks are shaking off an early decline and turning higher Wednesday. Banks are rising along with bond yields after the government said consumer prices climbed in January at a rate that was faster than economists had expected. There were few signs of the worries about inflation that sent stocks falling in the last few weeks.
    Chipotle Mexican Grill soared after hiring away Taco Bell's CEO to lead the company.
    KEEPING SCORE: The Standard & Poor's 500 index rose 3 points, or 0.1 percent, to 2,666 as of 10:15 a.m. Eastern time. The Dow Jones industrial average added 2 points to...
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  • Fed on track to hike rates with hotter inflation data, but weak retail sales raise worries

    6 days ago - By CNBC

    Bond yields rise and stocks slump after an unexpected jump in the consumer price index to its fastest pace in a year.
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  • Inflation is seen rising in January, led by rising gas prices and rents

    6 days ago - By CNBC

    U.S. consumer prices likely increased solidly in January, boosted by rising gasoline and rents.
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