Gold Holds Loss as Hot Inflation Lifts October Rate-Hike Bets
Gold held a decline as a jump in US inflation stoked worries the Federal Reserve will have to raise interest rates further to keep prices under control.
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US Stocks Slide as Hot CPI Lifts Yields and Rate-Hike Bets
September CPI rose 3.7% year over year, above the 3.6% forecast and up from 3.4% in August. By midday, the Nasdaq 100 was down 1.0%, the S&P 500 fell 0.7%, and the 2-year Treasury yield had risen 14 basis points to 4.93%.
EMERGING MARKETS — Latam stocks, FX slide as hot US inflation data lifts dollar, Treasury yields
MSCI FX, stocks index fall to over one-week low US inflation heats up in September; Fed rate hike this month back on table Argentina needs more structural reforms to taxation, IMF says Uganda hikes main interest rate to try to arrest currency's slide By Ragini Mathur and Sudeshna Ghoshal Oct 14 (Reuters) — Most Latin A
Hot Inflation Lifts Fed Rate-Hike Bets
US Treasuries slumped after hotter-than-expected inflation prompted traders to add to wagers that Federal Reserve officials will raise interest rates later this month and next year. David Rosenberg, Founder of Rosenberg Research, and Jim Bianco, Founder of Bianco Research, react to September CPI. ()
US Treasuries Slump As Hot Inflation Lifts Fed Rate-Hike Bets
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US Treasuries Slump as Hot Inflation Lifts Fed Rate-Hike Bets
US Treasuries slumped after hotter-than-expected inflation prompted traders to boost their expectations that Federal Reserve officials raise interest rates later this month and next year.
Nasdaq 100 falls as hot PCE inflation lifts rate-hike bets
U.S. stocks drifted lower midday Wednesday after July PCE inflation met monthly forecasts but ran hotter than expected annually, while second-quarter GDP growth was confirmed at an annualized 1.5%.