Reserva Federal
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No relief from inflation as Middle East clashes lifts fuel prices to painful levels
Inflation Stays High as Fuel Costs Rise U.S. inflation accelerated in August as renewed fighting in the Middle East pushed gasoline prices higher. Consumer prices were 3.4% above their level…
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Mortgage rates climb: Average rate on a 30-year home loan hits the highest level in over 14 months
Rates Reach a Fourteen Month High Mortgage rates increased for a third consecutive week, making home financing more expensive for borrowers across the United States. Freddie Mac reported that the…
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US wholesale prices rise in latest sign of stubborn inflation as oil prices continue to climb
Wholesale Inflation Accelerates in August U.S. wholesale inflation increased in August after showing signs of cooling earlier in the summer. The producer price index rose 5.4% from one year earlier,…
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Oil prices leap to their highest since May and drag Wall Street lower
Crude Surge Revives Inflation Concerns Brent crude climbed 6.3% and briefly exceeded $108 per barrel, its highest level since May. It later settled at $107.63, far above its price below…
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Stocks fall on Wall Street as oil prices jump back above $100 a barrel after Iran war escalates
Oil Escalation Pulls Markets Lower Wall Street declined after Brent crude climbed 3.4% and settled at $101.21 per barrel. It was the first closing price above $100 since July. The…
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Wall Street week ahead: The market focuses on key inflation updates
Inflation Reports Take Center Stage Investors will receive two important updates on United States inflation. Thursday’s Producer Price Index will show how wholesale prices changed during August before businesses pass…