CPI Inflation

The Consumer Price Index in the United States slowed more than expected in June, providing further signs of progress Thursday toward returning to the Federal Reserve’s 2% inflation target and maintaining high expectations for a near-term kickoff of interest rate cuts. Last month, the average...

Economist Peter Schiff slammed Federal Reserve Chair Jerome Powell’s recent comments about the central bank’s inflation policy, pointing out a perceived inconsistency in the application. What Happened: Schiff took to X, formerly Twitter, to express his views on the Fed’s inflation...

The Bureau of Economic Analysis is set to release the Federal Reserve’s preferred measure of inflation, the personal consumption expenditure (PCE) index for August at 8:30 a.m. ET Friday. Why the PCE Index Matters to the Fed The PCE price index is the Fed’s preferred tool for tracking...

In a recent post on X, influential economist Peter Schiff criticized President Joe Biden’s economic policies, highlighting the detrimental effects of excessive government spending on Americans. Schiff’s comments emphasize the rising costs Americans are facing due to inflation. What...

Prominent economist and Obama-era Chair of the Council of Economic Advisers Jason Furman, in a recent tweet thread, shared his analysis of inflation patterns and the potential implications for the Federal Reserve’s future decisions. What Happened: Furman, in his posts on X, formerly Twitter,...

Following the conclusion of the Apple Wonderlust event, the market’s attention is shifting to Wednesday morning, when Consumer Price Index (CPI) inflation data will be released. According to the forecasts, this forthcoming inflation report is expected to diverge significantly from recent ones...

Inflation will be front and center next week with a highly anticipated economic report due ahead of the upcoming Federal Reserve policy meeting scheduled for Sept. 23.The August consumer price index report from the Bureau of Labor Statistics is set to be released Wednesday. The prevailing consensus...

The Bureau of Labor Statistics’ long-awaited July Consumer Price Index (CPI) data is scheduled to be released on Thursday at 8:30 a.m., ahead of the opening bell. This critical economic data will have a significant impact on market expectations for future Fed rate hikes. Therefore, market...

Following the lower-than-expected consumer price inflation data released Wednesday, there may be more positive news coming on the inflation front with the Thursday release U.S. producer price index (PPI) report. Economists predict a year-over-year increase of 0.4% for the PPI index in June, down...

The U.S. consumer price index (CPI) inflation decelerated more than predicted in June, increasing investor conviction that the Fed may decide for only one more rate hike and then halt its tightening cycle. The annual inflation rate in the United States dropped from 4% in May to 3% in June,...

Central banks are at “the end of the beginning” in their fight against inflation, according to Societe Generale economist Kokou Agbo-Bloua. Despite the headline figure gradually approaching the Federal Reserve’s 2% target, the core consumer price index (CPI) remains persistently...

The highly anticipated U.S. consumer price index (CPI) inflation report for June, set to be released on Wednesday, takes the spotlight as the most significant economic event of the week. Traders are now anxiously awaiting what is likely to be the most critical data reading for the Fed’s...

This week is one of the most important of the summer:  - CPI Inflation: Tuesday - PPI Inflation: Wednesday - FED Meeting: Wednesday  - Retail Sales Data: Thursday  - Initial Jobless Claims: Thursday Buckle up! Market Prices as of 4 pm EST, 6/9/23 Macro Former President Donald Trump...

As investors and traders await the crucial consumer price index report due on Tuesday, Nobel laureate and economist Paul Krugman believes there will be an uptick in inflation and that the economy is still running hot. "The key point: Some of the temporary factors that were holding...

Futures Flat After Strong Japanese GDP U.S. equity futures traded just near unchanged in early pre-market trade following a stronger than expected GDP report from Japan. Japan reported first quarter GDP rose 3.5 percent on an annualized basis, better than the 2.7 percent expected growth rate....