HotterthanExpected

**Nvidia and Tesla Dive on Stock Market Today: Hotter-Than-Expected Inflation Data Shakes Up Market**

by

New York, USA – Dow Jones futures and other stock indexes saw gains diminish on Thursday following the release of producer price index data indicating higher-than-expected inflation. This led to a decline in the stock market for prominent companies such as Nvidia and Tesla. In morning action, Dow Jones futures rose by 0.3% versus fair value, while S&P 500 futures gained 0.2%. Nasdaq 100 futures, heavily focused on technology, climbed 0.2% before the opening bell. …

Read more

Inflation Rocked! Stocks Surge Despite Hotter-Than-Expected Inflation Print

by

New York, NY – US stocks surged on Tuesday in response to higher-than-expected inflation data, giving investors a glimpse into the potential timing of a Federal Reserve interest-rate adjustment. The Consumer Price Index report played a significant role in shaping market expectations, with the headline inflation meeting predictions with a 0.4% gain in February. The core CPI, which excludes food and energy prices, exhibited a 0.4% increase for the month and a 3.1% rise compared …

Read more

Federal Reserve Fed Updates 2024: Economists React as Hotter-than-Expected Data Reiterates Conservative Policy Approach

by

MINNEAPOLIS, MN – Speaking at the University of St. Thomas, Federal Reserve Bank President Neel Kashkari discussed the recent uptick in economic data and its implications for monetary policy. Acknowledging the strong economic growth in the second half of 2023, Kashkari emphasized the need for patience in evaluating the sustainability of this growth and its impact on inflation. Highlighting the unexpected increase in GDP growth, job creation, and consumer price index (CPI) inflation, Kashkari stressed …

Read more