Inflation & Prices

Inflation & Prices

Sticky Inflation, Job Loss Prolong Fed’s Interest-Rate Limbo

Photo via Richard B. Levine/Newscom

The CME FedWatch Tool shows the market is pricing in a 60% chance the Federal Reserve holds interest rates steady in September.

2 min read

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Inflation & Prices

Fed Scours Fresh Inflation Data for Interest-Rate Cues as Mid-Term Elections Loom

This week, the Fed will get a bit of help in its ongoing goal of reading the economy’s tea leaves with a new inflation reading.

2 min read
Image Credit: iStock, AdamParent

ETF Upside

BlackRock’s Treasury Fund TLT Falls to 22-Year Low

Rising yields on long-term Treasurys pushed the largest long-term bond fund, iShares 20+ Year Treasury Bond ETF (TLT), to a 22-year low.

2 min read
Photo via IMAGO/Zoonar/Marvin Samuel TOLENTINO-PINEDA/IMAGO/Zoonar/Newscom

Consumer

McDonald’s Appoints New US President to Turn Around Sluggish Sales

McDonald’s has appointed a new US chief to revitalize the flagging performance of its American restaurants, where inflation has cut sales.

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Inflation & Prices

Bond Markets Throw Shade on New Fed Chair’s Inflation Strategy as Interest Rates Hold Steady

Photo via Samuel Corum/Sipa USA/Newscom

The yield on 30-year Treasury bonds hit the highest in 19 years after Warsh spoke following the Fed decision to hold interest rates.

2 min read

Consumer

Lackluster Retail Sales Mask a (Short-Lived) Silver Lining

Photo via Christopher Beckett/Sipa USA/Newscom

Cooling retail sales growth in June reflects a brief decline in gasoline prices amid a short-lived ceasefire between the US and Iran.

2 min read

Inflation & Prices

Labor Department Reports Inflation at 4.2% in May, and Energy’s Not the Only Problem

Photo by Erik Mclean via Unsplash

Labor-intensive services such as gardening, home healthcare and day care and preschool were all significant drivers of inflation.

2 min read

Photo via AdMedia/SIPA/Newscom

Indicators

Fresh Jobs Data May Help Fed Gauge How Much AI Strains US Labor Market

The US Bureau of Labor Statistics will be reporting May’s much-anticipated employment figures at the end of the week.

2 min read
Photo via Weston Hancock/ZUMAPRESS/Newscom

Energy

Oil Prices Slide amid Fresh Hope for US-Iran Peace Deal

Oil prices may eventually reach $200 a barrel unless a supply crisis sparked by the Iran War is resolved, experts warn.

2 min read
Photo via Abaca Press/ANDBZ/Abaca/Sipa USA/Newscom

Autos

Stellantis’s Ambitious Overhaul Overshadowed by Ford’s Burst of Energy

Stellantis’s $69.6 billion revival plan includes nine North American models priced under $40,000 and refreshes of a dozen others.

2 min read

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