Anticipated so today was cpi, Consumer Price index, and we got 3. 7 yearoveryear, 0. 4 percent month over month. Anna, what do you think about the numbers we got . It does look like the fed could it does have cover to raise rates again if they want to. I think this is not the type of report that could convince the majority of fed officials that rates are sufficiently restrictive. We saw from the fomc minutes yesterday that many think rates are near or at but i think this report shows it is more likely to be near rather than at sufficiently restrictive. Matt so we did see in the dot plot, 12 at a 19 say one more hike for the year, at least that was their expectation for where we would be. They did not know obviously about the situation in the middle east the way that would unfold or the moves having nothing to do with geopolitical events in long term rates p release all them sore last week. The tenure hit 10 year 488. To those two things change the outlook . I think the reason for why t
This is where we stand with about an hour to go left in trading. The dow is up by 1. 1 but it had been down by as much as 195 points. Take a look at the dow intraday right now. You can see the volatility that has been happening over the course of today. We fell down 195 points. Only toed the flat line rise right now. Oil has been rising in tandem. More than 500 million barrels. You would think that oil would be falling. This is really puzzling. There is also talked that there might be some currency impacts that are affecting crude right now. This is down the most in seven years against other major currencies. New data showed the service industries. Betty indeed, the service is so big in our economy. The nasdaq is the laggard here among the averages. Part of ato do in cutting thehey are pc estimates for all of 2016. They said there would be a contraction year. They were revising that. Some of the impact is happening here. Hp down the most by 2. 2 . New products, in convertible products,
Number of criminal trials is down since 2019. But is it a bad thing? yahoo.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from yahoo.com Daily Mail and Mail on Sunday newspapers.
MEMPHIS, Tenn. — When the pandemic hit, criminal court shut down and thousands of cases were put on hold. Four years later, Shelby county is still digging itself out of a giant backlog. One of those cases is the fatal shooting of 8-year-old Jordyn Washington, which happened in November 2020. Police say Cedric Conley fired […]