The Jefferies strategist told CNBC that central bankers shouldn’t be daunted by the PPI showing inflation pressures hotter than expected.
Monterey classic car auctions kick off, and sales expectations are tepid
An estimated 1,140 classic cars will come up for sale at Monterey Car Week, the annual gathering of classic car collectors from around the world.
Monterey classic car auctions kick off, and sales expectations are tepid
An estimated 1,140 classic cars will come up for sale at Monterey Car Week, the annual gathering of classic car collectors from around the world.
Stocks making the biggest moves midday: Miami International, Paramount Skydance, Advance Auto Parts and more
These are the stocks posting the largest moves midday.
Economist Sumerlin confirms he’s in the running for Fed chair, backs big interest rate cut
Sumerlin said on CNBC that lowering the Fed’s key rate would be an easy decision now.
Wholesale prices rose 0.9% in July, much more than expected
The producer price index was expected to show a 0.2% increase for July, according to the Dow Jones consensus estimate.
Wholesale prices rose 0.9% in July, much more than expected
The producer price index was expected to show a 0.2% increase for July, according to the Dow Jones consensus estimate.
Wholesale prices rose 0.9% in July, much more than expected
The producer price index was expected to a show a 0.2% increase for July, according to the Dow Jones consensus estimate.
Monterey classic car auctions kick off, and sales expectations are tepid
An estimated 1,140 classic cars will come up for sale at Monterey Car Week, the annual gathering of classic car collectors from around the world.
As Trump berates Goldman, other economists agree that higher tariff inflation is coming
Goldman Sachs is taking the heat for its call that heavier tariff-induced consumer inflation is ahead, but it’s far from alone in that view.