Inflation rose hotter than expected in March as represented in the month's Consumer Price Index (CPI) reading. With inflation data now playing a heavier role than ever as Federal Reserve officials seek to scrutinize and look for cues from economic prints, how will this affect plans for interest rate cuts? Yahoo Finance Senior Reporter Alexandra Canal joins the Morning Brief to analyze the new sentiment around rate cuts as the Fed could hold rates higher for longer and push cuts farther down the line in 2024. For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. Editor's note: This article was written by Luke Carberry Mogan.
Inflation rose hotter than expected in March as represented in the month's Consumer Price Index (CPI) reading. With inflation data now playing a heavier role than ever as Federal Reserve officials seek to scrutinize and look for cues from economic prints, how will this affect plans for interest rate cuts?
Yahoo Finance Senior Reporter Alexandra Canal joins the Morning Brief to analyze the new sentiment around rate cuts as the Fed could hold rates higher for longer and push cuts farther down the line in 2024.
For more expert insight and the latest market action, click here to watch this full episode of Morning Brief.
Editor's note: This article was written by Luke Carberry Mogan.
Bloomberg
(Bloomberg) -- Stock futures joined losses in bonds as hotter-than-estimated inflation data bolstered speculation the Federal Reserve will be in no rush to cut interest rates.Most Read from BloombergUS Slams Strikes on Russia Oil Refineries as Risk to Oil MarketsBond Trader Places Record Futures Bet on Eve of Inflation DataChinese Cement Maker Halted After 99% Crash in 15 MinutesApple’s India iPhone Output Hits $14 Billion in China ShiftIran’s Better, Stealthier Drones Are Remaking Global Warfar
SmartAsset
With $500,000 in an IRA and a pension, you may not need to immediately claim Social Security at age 62. By waiting until full retirement age at 67 or even 70, you can increase your monthly benefit by up to 24%. However, delaying Social Security means fewer cumulative checks over what could be a decades-long […] The post Should I Delay Social Security and Rely on My IRA for the Next 5 Years? I Have $500k and a Pension. appeared first on SmartReads by SmartAsset.
The Wall Street Journal
Consumer inflation rose 3.5% in March from a year earlier, according to fresh Labor Department data released this morning. Here are the high-level numbers, compared with the expectations of a survey of economists by The Wall Street Journal: + Consumer-price index up 0.
Read more --->