Top news
US inflation highest in 40 years, with no letup in sight
By Christopher Rugaber
What global banks forecast for Fed rate hikes in 2022
By Aniruddha Ghosh, Alistair Bell & Jamie Mcgeever
10-year Treasury yield tops 2% for the first time since 2019 after hot inflation
By Yun Li & Vicky McKeever
Posts on X
Formerly TwitterMohamed A. El-Erian
elerianm
From the Bloomberg article on “Inflation’s Stubborn Start to 2024 Blamed Partly on Powell Pivot.”
This quote is another way of expressing my long-held concern that, after the humiliating 2021 policy mistake, the Fed became excessively data dependent and overly reactive in its… pic.twitter.com/EWq0EM3ezw
Posted on X
Gregory Daco
GregDaco
Treasuries Stumble on Mere Mention of Fed Rate Hike by @NewYorkFed President Williams www.bloomberg.com/news/articles/2024-04-18/bonds-stumble-on-mere-mention-of-fed-rate-hike-by-williams
Posted on X
*Walter Bloomberg
DeItaone
❖ Inflation Hotter In Items Americans Can't Go Without: Piper Sandler
U.S. inflation is high for non-discretionary items such as insurance and health care, Piper Sandler economists say in a note. "Our CPI non-discretionary basket is running a HOT 6.3% y/y," they say, adding…
Posted on X
All coverage
Echoes of the Wage-Price Spiral of the 1970s
By Jon Hilsenrath
US inflation surges to 7.5% in fastest annual rise for 40 years
By Kate Duguid & James Politi
US inflation hits highest level in 40 years in January as prices rise 7.5% from 2021
By Dominic Rushe
Inflation rate rises 7.5 percent in January compared with last year
By Rachel Siegel & Andrew Van Dam
CPI Inflation Climbed 7.5 Percent in January, the Fastest Rise Since 1982
By Jeanna Smialek & Madeleine Ngo
Hot inflation fuels case for 'big-bang' Fed rate hike in March
By Lindsay Dunsmuir & Ann Saphir
U.S. consumer prices post largest annual gain in 40 years as inflation becomes widespread
By Lucia Mutikani