The price increase in this consumer staple is complicating the central bank’s ability to achieve a soft landing.
Wall Street’s capacity to process drama got another workout in a week of rapid-fire headlines on tariffs, inflation and the Federal Reserve. Traders proved equal to the task, once again.
The index on Friday traded above its Jan. 23 record close of 6,118.23 before ending the day with a small loss. The S&P 500 logged a weekly gain of 1.5%, while the Dow Jones Industrial Average DJIA ...