CPI Inflation Comes In Hot, Keeping Fed On Guard; S&P 500 Futures Lower

CPI Inflation Comes In Hot, Keeping Fed On Guard; S&P 500 Futures Lower

Business
February 14, 2023 by secret
119
[ad_1] The consumer price index showed firmer price pressures in January, as the annual CPI inflation rate dipped less than expected. The core CPI inflation rate, which strips out food and energy, also came in hotter than predicted. S&P 500 futures swung back and forth before turning modestly lower in early Tuesday stock market action,