Investors Cheer Softer Inflation Data
InvestorPlace - Stock Market News, Stock Advice & Trading Tips This morning, rattled investors finally received good news when February’s Consumer Price Index (CPI) came in below expectations. Prices rose 0.2% on the month, putting the year-over-year rate at 2.8%. Dow Jones economists had forecasted 0.3% monthly and 2.9% yearly growth. Core inflation, which strips out volatile food and energy prices, also came in soft.… The post Investors Cheer Softer Inflation Data appeared first on InvestorPlace.
InvestorPlace - Stock Market News, Stock Advice & Trading Tips
This morning, rattled investors finally received good news when February’s Consumer Price Index (CPI) came in below expectations. Prices rose 0.2% on the month, putting the year-over-year rate at 2.8%. Dow Jones economists had forecasted 0.3% monthly and 2.9% yearly growth. Core inflation, which strips out volatile food and energy prices, also came in soft.…
The post Investors Cheer Softer Inflation Data appeared first on InvestorPlace.
