Risk
Immigration Critics Overlook the Good It Does, per State Street
The worker influx has led to moderate wage growth and thus held down inflation, according to the firm’s Arone.
Tag: CPI
Risk
Lower Inflation Should Herald Higher Stock Prices Ahead, Strategists Say
The market does get cases of the heebie-jeebies, but in recent times, these have been temporary.
Risk
If a Hesitant Fed Won’t Cut, Other Central Banks Will, Says Ned Davis
Chair Jerome Powell declares that the Federal Reserve is in no hurry to reduce rates due to sticky inflation.
Risk
That ’70s Show: Can Stagflation Return?
Several finance savants, including Jamie Dimon, admonish that high inflation and a punk economy could stage a comeback.
Market Moves
Rate Cuts: The Fed and the Futures Market Draw Closer Together
Odds are that improved economic news will slow rate declines, but that may not be much of a tonic for stocks, says LPL.
Research
Overstated Shelter Costs Pump Up Reported Inflation, Says Sage
The government blamed the recent upsurge on rising housing costs, but that’s hooey, Barry Ritholtz charges.
Risk
Vexing Gap Persists on Rates: Investors vs. Fed Officials
Futures market expects deeper cuts ahead than the central bank bunch projects.
Research
Inflation Is Down, but How Long Will That Last?
For several years, a Natixis report finds, as the price trends mostly point downward.
Regulation
Key Government Data, Such as Unemployment and Inflation, Would Not be Published During a Shutdown
Government data collection agencies, such as the Bureau of Labor Statistics, would shut down completely absent a continuing resolution.
Risk
Why Fed Rate Hikes May Be Over
Mission accomplished: Tightening probably won’t continue at the central bank’s meeting next week, says economist Ian Shepherdson.
News
Federal Reserve Expected to Hike Rates Next Week, Despite Shaky Banks
A slight dip in inflation and new Washington safeguards for lenders seem to have reassured investors, for now.
Research
Don’t Worry About a Wage-Price Spiral, JPM Says
Despite Fed uneasiness, higher pay isn’t really pushing inflation, per the firm’s David Kelly.
Market Moves
The Big Question: How Hot Will the New CPI Be?
A forecast from the Cleveland Fed is not encouraging. But Brainard and Evans have soothing words.
Newsmakers
Dalio’s Magic Number for Tanking the Economy
At a 4.5% benchmark interest rate, economic growth will start to suffer, hedge fund guru says.
How Realistic Is Getting Inflation Back to Near 2%?
A lot of wise souls think that goal is achievable—despite the heavy weather blocking the way.