An inflation gauge the Federal Reserve follows closely rose slightly less than anticipated in February, providing some hope that interest rate hikes are helping ease price increases.
The softer than expected data came with monthly energy prices decreasing 0.4% while food prices rose 0.2%. Goods prices rose 0.2% while services increased 0.3%. Stock market futures held higher following the report while longer-duration Treasury yields declined. The Fed's own unofficial projections released last week pointed to perhaps one more increase this year and no reductions. However, traders expect cuts this year, with end-year pricing for the federal funds rate at 4.25%-4.5%, half a point below the current target range.
……excluding food and energy？那这指数还算个鸡巴
It’s always gonna be good news because it has to be 🤡
Less than expected or not inflation is still going up The only ones who care if it's less than expected is Wall Street The rest of us still bear the brunt
and it shall increase even more
WHO SAID YOU CANT BUY A BULL MARKET ! economists are dumbfounded! $SPY $SPX $QQQ - CNBC CNN MARKETS BETTER NEVER CRASH AGAIN ! WE GOT THIS ALL FIGURED OUT ! Just takes 300 billion !
Good thing nobody has to buy food or fuel pobrecito