International oil prices near $80 a barrel, high in five weeks
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Last Update: 2020-07-03
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Source: Internet
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Author: User
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The U.Score consumer price index fell for the first time in more than 27 years in January
the U.SConsumer Price Index (CPI) rose less than expected in January, while the core consumer price index, excluding energy and food, posted its first negative growth in more than 27 years, according to data released Thursday by the Labor Departmentthe U.Sconsumer price index rose 0.2 percent in January, less than economists had expected, according to the Labor Department, helped by higher energy pricesEnergy prices rose 2.8 percent and food prices rose 0.2 percent in the monthexcluding volatile energy and food, the core consumer price index fell 0.1 percent in January, the first negative growth since December 1982consumer price index is an important measure of inflation, and core inflation data are particularly closely watched by the Federal ReserveJudging from the Fed's latest decision-making report, the risk of rising U.Sinflation is not much, at least for the next few quartersall of the four sessions in New York rose this week
Despite the Federal Reserve's unexpected increase in the bank's emergency lending rate, which weighed on the market, the New York stock market on Thursday closed higher again on the back of optimism about the prospects for economic recovery, with the three major indexes rising for four straight sessions this weekthe Federal Reserve announced after the stock market closed on the 18th, the original emergency lending rate to banks from 0.5% to 0.75%Although the Fed had previously hinted at such a move, its announcement came sooner than most investors had expectedAs a result, global stock markets fell and U.S stocks opened lower but the U.S Labor Department released the same day before the report to provide some support to the market The data showed the U.S consumer price index rose 0.2 percent month-on-month in January, while the core CPI unexpectedly fell 0.1 percent, excluding volatile energy and food prices, the first decline since 1982, suggesting that the U.S economy is still facing small inflationary pressures, easing fears that the Federal Reserve will raise interest rates early After the , investors began to recover from the shock of the Fed's unexpected move, and interpreted the Fed's decision to tighten liquidity further as evidence of good momentum in the financial sector and macroeconomic recovery, leading financial stocks to take the lead in the rally, leading the market to turn lower by midday So far, the New York stock market has all risen in four trading days this week, with the Dow and the Standard and Poor's all-week gainers up more than 3 percent By the close of trading in New York, the Dow Jones Industrial Average was up 9.45 points, or 0.09 per cent, at 10,402.35 The Standard and Poor's 500-stock index rose 2.42 points, or 0.22 percent, to 1,109.17 The Nasdaq composite rose 2.16 points, or 0.10 percent, to 2,243.87 the U.S core consumer price index fell for the first time in more than 27 years in January
the U.S Consumer Price Index (CPI) rose less than expected in January, while the core consumer price index, excluding energy and food, posted its first negative growth in more than 27 years, according to data released Thursday by the Labor Department the U.S consumer price index rose 0.2 percent in January, less than economists had expected, according to the Labor Department, helped by higher energy prices Energy prices rose 2.8 percent and food prices rose 0.2 percent in the month excluding volatile energy and food, the core consumer price index fell 0.1 percent in January, the first negative growth since December 1982 consumer price index is an important measure of inflation, and core inflation data are particularly closely watched by the Federal Reserve Judging from the Fed's latest decision-making report, the risk of rising U.S inflation is not much, at least for the next few quarters all of the four sessions in New York rose this week
Despite the Federal Reserve's unexpected increase in the bank's emergency lending rate, which weighed on the market, the New York stock market on Thursday closed higher again on the back of optimism about the prospects for economic recovery, with the three major indexes rising for four straight sessions this week the Federal Reserve announced after the stock market closed on the 18th, the original emergency lending rate to banks from 0.5% to 0.75% Although the Fed had previously hinted at such a move, its announcement came sooner than most investors had expected As a result, global stock markets fell and U.S stocks opened lower but the U.S Labor Department released the same day before the report to provide some support to the market The data showed the U.S consumer price index rose 0.2 percent month-on-month in January, while the core CPI unexpectedly fell 0.1 percent, excluding volatile energy and food prices, the first decline since 1982, suggesting that the U.S economy is still facing small inflationary pressures, easing fears that the Federal Reserve will raise interest rates early After the , investors began to recover from the shock of the Fed's unexpected move, and interpreted the Fed's decision to tighten liquidity further as evidence of good momentum in the financial sector and macroeconomic recovery, leading financial stocks to take the lead in the rally, leading the market to turn lower by midday So far, the New York stock market has all risen in four trading days this week, with the Dow and the Standard and Poor's all-week gainers up more than 3 percent By the close of trading in New York, the Dow Jones Industrial Average was up 9.45 points, or 0.09 per cent, at 10,402.35 The Standard and Poor's 500-stock index rose 2.42 points, or 0.22 percent, to 1,109.17 The Nasdaq composite rose 2.16 points, or 0.10 percent, to 2,243.87 (name)
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