Consumer Price Index

Inflationary pressures intensified as expected in November, but the trend is beginning to show signs of stickiness, posing fresh challenges to the Federal Reserve’s 2% target after months of disinflation. The Consumer Price Index rose by 2.7% year-over-year in November 2024, exceeding October...

In anticipation of the year-end, investors are eyeing a potential rally in stocks and cryptocurrencies, driven by lower interest rates, decreasing inflation, and rising corporate profits. However, the upcoming release of the November consumer price index (CPI) data on Wednesday could...

Editor’s note: This story has been updated with additional details. After six consecutive months of easing, the annual inflation rate, as measured by the Consumer Price Index (CPI), reversed course in October, climbing to 2.6% as expected. This outcome casts doubt on the disinflationary...

The September Consumer Price Index (CPI) report, set to be released on Thursday, Oct. 10 at 8:30 a.m. ET, will play a pivotal role in shaping the Federal Reserve's next move ahead of its Nov. 7 meeting. Economists anticipate further cooling inflation, largely driven by falling energy prices....

Wednesday’s inflation figure of 2.5% for August — the lowest rate since February 2021 — gives the Federal Reserve the go-ahead signal on cutting rates when it meets on Sept. 18, according to economists. “All clear for launch,” Chris Zaccarelli, Chief Investment Officer for...

Editor’s note: This story has been updated with additional details. The U.S. annual inflation rate in August fell to its lowest point since February 2021, signaling a further easing of pressure on the cost of goods and services for U.S. consumers. The Consumer Price Index (CPI) saw a cooler-...

Recent economic data has eased the recession fears that loomed earlier in August, diminishing the likelihood of large rate cuts by the Federal Reserve and boosting investor confidence in risk assets. The S&P 500 and Nasdaq 100 indices saw their strongest week since late October 2023 as of...

The July consumer inflation data released Wednesday suggests the Federal Reserve may not cut rates as deeply as expected in September, one CIO said in the wake of the Consumer Price Index report. “In a not-so-subtle shift, the market has moved from worrying about inflation to worrying about...

The Consumer Price Index (CPI) saw a cooler-than-anticipated annual headline print in July, continuing the disinflationary trend and supporting market hopes for large interest rate cuts by the Federal Reserve. In July, the average price increase for a basket of goods and services tracked by...

The Federal Reserve is likely to proceed with its expected interest-rate cut next month, despite a projected modest uptick in U.S. inflation in July. What Happened: Projections indicate that the consumer price index (CPI), due on Wednesday, will show a 0.2% increase from June for both the headline...

Bitcoin (CRYPTO: BTC) spiked in early Thursday trading on positive macroeconomic data and strong ETF inflows before falling back below $58,000. What Happened: U.S. inflation turned negative in June, with the Consumer Price Index (CPI) reporting a negative 0.1% rate for June, against forecasts of a...

Federal Reserve Chair Jerome Powell painted a very clear picture of what needs to happen before the central bank lowers rates during the second day of testimony in front of Congress. What To Know: Powell kicked off his semiannual testimony before the Senate Banking Committee on Tuesday. He began...

Thursday’s inflation report is expected to show that prices have ebbed in June as consumers face heavy financial burdens in paying more for necessities such as food, gas and rent. Economists predict the Consumer Price Index (CPI), which tracks prices on items such as gasoline, health care,...

Economists and experts expect June inflation to come in lower than past months when the Consumer Price Index is reported on Thursday. While inflation is dropping in recent reports, consumers continue to see higher costs than in past months and years. What Happened: Wall Street economists expect...

Following the latest weaker-than-expected inflation reports, investors are eagerly awaiting June Consumer Price Index (CPI) report this Thursday to strengthen their expectations of interest rate cuts. While Federal Reserve Chair Jerome Powell reiterated Tuesday it won’t be appropriate to cut...