U.S. Consumer Price Index data released Wednesday morning largely matched forecasts, prompting Treasury yields to edge lower across the curve. The headline monthly CPI reading came in at 0.1%, while ...
May CPI surged 4.2% year-over-year, with energy driven by the Iran conflict accounting for over 60% of the monthly increase. The projected 3.8% 2027 COLA signals harmful above-average inflation that ...
The core rate of inflation. The core number strips out energy and food and gives a better idea of the long-run trend in inflation. A good core CPI reading would be an increase of 0.16% or less, says ...
The latest Consumer Price Index data show a jump in inflation at a time when advisors are closely monitoring the broader economic fallout from the conflict between the U.S., Israel and Iran. Data from ...
Despite a slightly softer core CPI, headline inflation at 4.2%, and strong labor data, the Fed is boxed in, limiting rate cut prospects. Equity markets are complacently celebrating marginally positive ...
The financial press needed only minutes to take a hot CPI headline number and turn it into a Fed-panic story. CNN promptly won the ugly-poster-child award, telling viewers that consumer prices “spiked ...
What people often miss on CPI day is that the number itself isn't what moves the market. The common reaction is to check ...