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Here's How Much Fourth Of July Cookout Could Cost In 2025
Monday, June 30, 2025 - 5:54pm | 442A family get-together for the Fourth of July holiday will cost less than the record-breaking averages seen in 2024, with inflation cooling slightly from 2024. What Happened: The average cost per person to celebrate a Fourth of July cookout is $7.09, down from a record $7.12 in 2024. The figure...
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BlackRock Bets On Inflation, Goes 'Overweight Inflation-Linked Bonds' Amid US 'Fiscal Sustainability Challenge:' Here's A List Of ETFs Investors Can Consider
Tuesday, May 20, 2025 - 4:38am | 948Global investment giant BlackRock has announced being “overweight” on inflation-linked bonds, signaling a strategic shift to mitigate risks stemming from “persistent inflation pressure” and growing concerns over the sustainability of U.S. government finances. What Happened:...
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CPI Undershoots But Core Inflation Stays Stubborn: JP Morgan
Tuesday, May 13, 2025 - 5:47pm | 477The Consumer Price Index (CPI) was 2.3% higher than a year ago, the Bureau of Labor Statistics said Tuesday, below the economists’ expectations of 2.4% and the previous reading. The monthly gain was 0.2%, rebounding from a prior decline of 0.1%, yet falling short of a 0.3% forecast. The core...
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Housing Inflation Had Its Lowest Uptick In March But Is Now The Worst Time To Buy A House?
Friday, April 11, 2025 - 6:27am | 520Housing inflation is finally showing signs of easing, with the Consumer Price Index (CPI) for March posting a 4% year-over-year increase in housing costs — the slowest uptick since November 2021. Yet, buyers still grapple with steep price tags and volatile mortgage rates. Despite this cooling...
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Retailers Warn Of Price Increases Due To Trump Tariffs As Consumer Health Concerns Persist
Thursday, March 6, 2025 - 12:52pm | 694Retailers are facing selling pressure this week following warnings about continued consumer uncertainty and the potential impacts of tariffs. What To Know: Trade war fears are rising after President Donald Trump imposed 25% tariffs on imports from Canada and Mexico earlier this week. Trump also...
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Wall Street Rallies As Treasury Yields Fall, Banks Smash Q4 Earnings, Oil Hits $80: What's Driving Markets Wednesday?
Wednesday, January 15, 2025 - 1:53pm | 981Wall Street staged a strong rebound on Wednesday, as mixed inflation data bolstered investor confidence in the Federal Reserve's continuation of easing cycle in 2025, easing recent market anxieties. The headline Consumer Price Index rose 2.9% year-over-year in December, up from November’s 2.7...
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Interest Rate Cuts 'On Hold... If There Are Any At All In 2025' After December's Sticky Consumer Inflation Report: Economists
Wednesday, January 15, 2025 - 11:45am | 504Consumer inflation eased slightly in December, with core CPI coming in at 3.2% on a year-over-year basis, below the 3.3% estimate. Headline CPI rose 2.9% year-over-year, in-line with expectations. The print is the latest economic data that the Federal Reserve will consider before its next interest...
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Inflation Rises To 2.9% In December: Core Slows, Yet Rising Energy Costs Put Fed's Target At Risk
Wednesday, January 15, 2025 - 9:47am | 411Consumer inflation surged for the third straight month in December, rekindling concerns that the months-long cooling of price pressures could be over and casting doubt on the Federal Reserve’s ability to steer inflation toward its 2% target. The headline Consumer Price Index rose 2.9% year-...
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Tuesday's Producer Inflation Report Could Stoke Market Volatility As Fed Path Remains Unclear
Monday, January 13, 2025 - 1:13pm | 708Market volatility is primed to intensify this week as traders await December's Producer Price Index data on Tuesday. The Consumer Price Index report will follow on Wednesday. With Wall Street's expectations for interest rate cuts hanging by a thread, stronger-than-expected inflation data could...
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'Markets Have The Green Light To Rally' After November's 'Yawner' Inflation Report, Experts Say
Wednesday, December 11, 2024 - 11:36am | 437The Consumer Price Index rose from 2.6% in October to 2.7% in November, in line with economist predictions. Here’s a look at what experts expect from the Federal Reserve in the months ahead. Experts Weigh In: Most experts are anticipating another quarter-point rate cut from the Federal...
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Wall Street Gains, Tech Rallies, Tesla Hits All-Time High As Inflation Data Firms Up Fed's Next Interest Rate Cut
Wednesday, December 11, 2024 - 11:23am | 591Wall Street kicked off Wednesday on a positive note as November inflation data came in line with expectations, leaving traders confident in the likelihood of a Federal Reserve interest rate cut next week. The Consumer Price Index rose 2.7% year-over-year in November, slightly above October's 2.6%...
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Inflation Rises As Expected In November, Sustains Hopes For December Interest Rate Cut
Wednesday, December 11, 2024 - 9:47am | 525Inflationary 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...
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Stocks And Crypto Ride Optimism, But November CPI Could Be The Ultimate Market Test, Investors Warn
Monday, December 9, 2024 - 3:50am | 597In 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...
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October Inflation Rate Rises To 2.6% As Expected: December Interest Rate Cut Remains Uncertain (UPDATED)
Wednesday, November 13, 2024 - 10:04am | 514Editor’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...
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September Inflation Preview: Consumer Price Data Holds The Key To Fed's Next Interest Rate Move
Tuesday, October 8, 2024 - 12:31pm | 688The 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....