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Stocks, Treasuries Get Relief Ahead of CPI, US Diesel Passes $6/Gallon
Source: youtube.com
InflationMonetary PolicyInterest Rates & YieldsEnergy Markets & PricesEconomic DataMarket Technicals & Flows
US equity futures and Treasuries stabilized ahead of the latest inflation data, which investors view as a key input for the Federal Reserve's interest-rate decision next week. US diesel prices exceeded $6 per gallon for the first time, increasing the risk that energy costs will prolong elevated inflation and reinforce the case for further Fed tightening.
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