Feedback Form
30 votes Vote story as "Fresh"
0 votes Vote story as "Stale" 

Preview: US CPI – Higher Energy Prices Negative for Economy

posted by Avatar FXTimes 429 days ago in USD, Fundamental, Inflation made popular 429 days ago

Higher CPI based on higher energy costs has 3 main impacts which can all be interpreted as negative for the economy - less chance of Fed easing, less income for discretionary consumer spending, and weaker profit margins for producers. I would think that kind of report hampers equities, with the S&P500 as of Thursday NY morning unable to breach the
Log in to comment or register here.