Newscasts - Trading at Noon: U.S. CPI rises more than expected in December

Southwestern Energy Co

11/01/2024 17:46

Click the following link to watch video: https://share.newscasts.refinitiv.com/link?entryId=1_hnn3zugu&referenceId=1_hnn3zugu&pageId=Newscasts
Source: 'Reuters - Business videos'

Description: U.S. consumer prices increased more than expected in December as
Americans paid more for shelter and healthcare, suggesting that it was
probably too early for the Federal Reserve to start cutting interest
rates.Expectations for a rate cut in March were also tempered by other data on
Thursday showing the labor market remaining tight at the turn of the year,
with the number of people filing new claims for unemployment benefits
unexpectedly falling last week. The reports followed news last Friday that the
economy added 216,000 jobs in November and annual wage growth picking up.
Short Link: https://refini.tv/3tO6mdJ

Video Transcript:

Verified transcript not available