Analysis: Stagflation fears just hit Wall Street. Now for the next crucial report on prices | CNN Business

A version of this story first appeared in CNN Business’ Before the Bell newsletter. Not a subscriber? You can sign up right here. You can listen to an audio version of the newsletter by clicking the same link.

New York CNN  — 

The Federal Reserve’s favorite inflation reading is due Friday morning. For Wall Street, the stakes are high.

The Personal Consumption Expenditures price index is expected to rise 2.6% for the 12 months ended in March, according to FactSet estimates. The core PCE index, which excludes the more volatile energy and food categories, is expected to rise

→ Continue reading at CNN - Business News

More from author

Related posts

Advertisment

Latest posts

Huawei’s comeback gathers pace as quarterly profit surges | CNN Business

Beijing Reuters  —  Huawei Technologies’s net profit leapt 564% to 19.65 billion yuan ($2.71 billion) in the first quarter, a...

Labor Day isn’t the holiday it once was for China’s workers | CNN Business

Editor’s Note: Sign up for CNN’s Meanwhile in China newsletter, which explores what you need to know about the country’s rise and how it impacts...

Donald Trump just got another $1.8 billion worth of Trump Media stock | CNN Business

CNN  —  Former President Donald Trump just landed another $1.8 billion worth of stock in the corporate owner of...