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Wall Street swirls after data show inflation isn't as bad as thought, while the US economy is better

Wall Street swirls after data show inflation isn't as bad as thought, while the US economy is better

The U.S. stock market is recovering its losses for September and on track to finish the month with a small gain after an encouraging report said inflation wasn’t as bad across the United States last month as economists expected
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Wall Street holds steadier following a potentially encouraging update on inflation

Wall Street holds steadier following a potentially encouraging update on inflation

Some of the pressure that’s ballooned in the bond market is easing after a report said inflation across the United States wasn’t as bad last month as economists expected
ReutersReuters
Battered bond market braces for a new era of interest rates

Battered bond market braces for a new era of interest rates

By Dhara Ranasinghe, Sophie Kiderlin and Naomi Rovnick LONDON, Sept 29 (Reuters) - The world's biggest sovereign bond markets are heading for their worst month in years as soaring energy costs fan inflation and the AI boom lifts economic growth, leaving investors positioning for an era where
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S&P 500, Nasdaq climb as soft inflation dampens Fed rate hike expectations

S&P 500, Nasdaq climb as soft inflation dampens Fed rate hike expectations

By Chuck Mikolajczak and Shashwat Chauhan NEW YORK, Sept 30 (Reuters) - The S&P 500 and Nasdaq climbed on Wednesday, putting both on track to close out September with monthly gains, as a softer-than-anticipated inflation reading cooled expectations that Federal Reserve policy makers would hike rates
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Treasury yields ease and stocks rise after inflation report wasn't as bad as expected

Treasury yields ease and stocks rise after inflation report wasn't as bad as expected

Some of the pressure that’s ballooned in the bond market is easing after a report said inflation across the United States wasn’t as bad last month as economists expected
ReutersReuters
US inflation rises below expectations in August, gives the Fed breathing space

US inflation rises below expectations in August, gives the Fed breathing space

By Lucia Mutikani WASHINGTON, Sept 30 (Reuters) - US inflation increased less than expected in August and price pressures were more moderate in the prior month than previously reported, likely reducing the urgency for the Federal Reserve to raise interest rates again in October.
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Bank of England Official Alan Taylor Questions Need for Rate Hikes Without Clear Inflation Spillover

Bank of England Official Alan Taylor Questions Need for Rate Hikes Without Clear Inflation Spillover

Bank of England Official Alan Taylor Questions Need for Rate Hikes Without Clear Inflation Spillover
ReutersReuters
S&P 500 dips, Nasdaq higher after data shows moderate inflation rise

S&P 500 dips, Nasdaq higher after data shows moderate inflation rise

By Chuck Mikolajczak and Shashwat Chauhan NEW YORK, Sept 30 (Reuters) - Nasdaq climbed on Wednesday and the S&P 500 dipped, but both indexes notched their second straight quarterly gains, as a softer-than-anticipated inflation reading cooled expectations that Federal Reserve policymakers would hike
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US inflation rises below expectations in August; consumer spending robust

US inflation rises below expectations in August; consumer spending robust

By Lucia Mutikani WASHINGTON, Sept 30 (Reuters) - US inflation increased less than expected in August and price pressures were more moderate in the prior month than previously reported, likely reducing the urgency for the Federal Reserve to raise interest rates again in October. 
ReutersReuters
US inflation rises less than expected in August; consumer spending surges

US inflation rises less than expected in August; consumer spending surges

WASHINGTON, Sept 30 (Reuters) - U.S. inflation increased less than expected in August, which could see financial markets further reduce the odds of another interest rate increase from the Federal Reserve next month.
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Falling Unemployment Rate Raises Concerns for Sustained U.S. Inflation Above Target

Falling Unemployment Rate Raises Concerns for Sustained U.S. Inflation Above Target

A recent analysis by BCA Research indicates that a falling U.S. unemployment rate might contribute to keeping inflation above the Federal Reserve's target. The U.S. labor force has contracted due to factors such as unauthorized immigrant departures and a decline in the labor force participation rate. This contraction has lowered the threshold for job growth needed to reduce the unemployment rate. Investors are now questioning whether a tightening labor market will sustain inflation above the Fed's target, even if external factors like tariffs and energy prices subside. While the Phillips Curve suggests a relationship between low unemployment and inflationary pressure, historical instances (1999-2000, 2018-2019) showed low unemployment without high inflation, often attributed to productivity gains. However, current productivity data does not show similar gains, and inflation expectations were lower in previous periods, which likely restrained wage growth.
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America In Focus: Affordability concerns rise as Fed hikes key rate, mortgage rate reaches nearly 7%

America In Focus: Affordability concerns rise as Fed hikes key rate, mortgage rate reaches nearly 7%

The Federal Reserve raised its benchmark interest rate Wednesday for the first time since 2023 in an effort to quell stubbornly high inflation, and the central bank signaled another rate hike could occur later this year