U.S. consumer prices rose slightly in December even as households paid more for health care, and monthly underlying inflation slowed, supporting the Federal Reserve’s desire to keep interest rates unchanged at least through this year. The weak inflation report from the Labor Department on Tuesday came on the heels of data last week showing a […]
Tag: Inflation
Two Fed moves have boosted stocks, but they could come with a price
The stock market has picked up 2020 pretty much where 2019 left off, thanks in large part to two key Federal Reserve moves that could keep the rally going, at least until something goes wrong. Amid an already strong backdrop for Wall Street, the Fed issued two directives right around the same time in October […]
