Inflation remains higher than expected in the United States, causing concern among market investors that the Fed will react negatively.
U.S. inflation levels dropped slightly in January, sliding from 6.5% to 6.4%. However, inflation remains higher than expected, causing concern among investors that the U.S. central bank will continue to hike the benchmark federal funds rate.Inflation in the United States exceeded expectations among analysts and economists for January 2023. The U.S. Labor Departmentthe Consumer Price Index on Feb. 14, which measures the value of goods and services across the country.
Furthermore, core CPI rose 0.4% over the month and 5.6% from the previous year. According to the U.S. Labor Department, “The index for shelter was the main contributor to the monthly all-items increase, accounting for almost half of the rise, with food, gasoline, and natural gas indexes also contributing.” The latest inflation report has caused concern among investors that U.S. Federal Reserve Chair Jerome Powell will continue to raise rates.the federal funds rate by 0.25%.
México Últimas Noticias, México Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
Gold Price Forecast: XAU/USD bears flex muscles ahead of United States inflationGold price (XAU/USD) kick-start the key week with mild gains around $1,865 as traders braces for the key United States inflation data. Even if the yel
Leer más »
Gold Price Forecast: Death cross favors XAU/USD bears ahead of United States inflationGold price (XAU/USD) holds lower ground at the monthly bottom surrounding $1,855, following the slump to early January levels the previous day, as mar
Leer más »
US Dollar Index grinds higher past 103.50 as US inflation looms amid mixed Fed concernsUS Dollar Index grinds higher past 103.50 as US inflation looms amid mixed Fed concerns – by anilpanchal7 DollarIndex RiskAppetite Fed Inflation China
Leer más »
AUD/USD pokes 0.6900 amid anxiety over unidentified objects, Fed, focus on US inflation, Aussie employmentAUD/USD pokes 0.6900 amid anxiety over unidentified objects, Fed, focus on US inflation, Aussie employment – by anilpanchal7 AUDUSD Inflation Employment Fed China
Leer más »
INDIA RUPEE Fed rate outlook to push rupee lower; U.S. inflation data key this weekThe Indian rupee is likely to open lower against the dollar on Monday, tracking losses in Asian currencies and shares on concerns over the U.S. interest rate outlook.
Leer más »
NY Fed: One-year consumer inflation expectation stays unchanged at 5% in JanuaryThe Federal Reserve Bank of New York's monthly Survey of Consumer Expectations showed on Monday that the US consumers' one-year inflation expectation
Leer más »