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Inflation expectations for the year ahead increased to 4.3 percent in February from 3.3 percent in January, according to the University of Michigan consumer sentiment survey released Friday.
Inflation fell to 4% in May (down from 4.9% in April). Energy and food prices were trending down, but higher prices were also cropping up in other places, like restaurant prices.
Stock futures spiked higher after the latest consumer price index showed inflation cooled more than anticipated in February. Dow futures jumped 1.1%. S&P 500 futures rallied 1.4%. Nasdaq 100 ...
The S&P 500 fell for the first time since the presidential election as bond yields spiked ahead of some key inflation data. The Dow Jones Industrial Average was down 382 points, or 0.9%. The S&P ...
Inflation expectations for the year ahead increased to 4.3 percent in February from 3.3 percent in January, according to the University of Michigan consumer sentiment survey released ...