The S&P 500 advanced sharply Friday afternoon as investors shrugged off fresh evidence of sticky inflation and cheered earnings from Microsoft Corp. and Google parent Alphabet Inc. “Today’s ...
This week’s increase in US consumer price inflation — which hit a higher than expected 3.5 per cent for March — has prompted traders to increase bets that the Fed might deliver as few as one ...
This huge fiscal stimulus might contribute to persistently higher inflation, but it is good news for the companies that will be tasked with building the US’s bridges, roads, and manufacturing ...
The US inflation rate has hovered around 3.5 per cent for months. Markets now fear a similar situation in the UK – spelling higher for longer interest rates. Traders pushed back bets on a first UK ...