Fed decision, stocks pop on cool CPI data: Yahoo Finance

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Inflation Data News

Consumer Price Index,Taiwan Semiconductor Manufacturing

Cooler-than-expected inflation data for May sent stocks soaring in early trading. The headline Consumer Price Index data was unchanged month-over-month and...

Cooler-than-expected inflation data for May sent stocks soaring in early trading. The headline Consumer Price Index data was unchanged month-over-month and up only 0.2% on a core basis. It’s a data point the FOMC likely watched closely at its latest policy meeting. Wall Street expects the central bank to leave rates unchanged. Trending tickers on Yahoo Finance include Oracle, Taiwan Semiconductor Manufacturing Company., and Microsoft.

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