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MTS Flash Update: Consumer prices rise 0.5% in January, higher than expected as annual rate rises to 3%
Consumer prices rise 0.5% in January, higher than expected as annual rate rises to 3%
This really should not be a surprise, grocery prices had already been climbing and as I said gas prices in Florida are all over the place. The thing that stuck out is the food component is not good. Trump better not mess with Mexico or food prices will skyrocket.
*US 5- TO 10-YEAR YIELDS RISE AT LEAST 10 BASIS POINTS ON DAY
*TRADERS SHIFT NEXT FED RATE CUT TO DECEMBER FROM SEPTEMBER
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