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Traders are holding their breath ahead of the consumer price index (CPI) data due Wednesday and the Federal Reserve’s ...
The hot core CPI inflation reading came as core goods prices rose 0.3%, the highest since May 2023. Services prices also were hot, rising 0.5%. Hotel and motel prices jumped 1.7% on the month.
Scott Anderson, chief U.S. economist at BMO Capital Markets "The March CPI data once again came in a bit too hot for comfort. Today's inflation data are likely to keep the FOMC's doves on the ...
Data by YCharts Inflation was fairly hot in 2008. The August 2008 CPI showed a rate of 5.4% year over year, released around the same time Lehman failed. However, the core inflation numbers were ...
The August CPI report came in hot, but the market shrugged it off due to various factors. Rising energy prices will likely not lead to a reversal of the downward trend in inflation, and the Fed ...
Investors should immediately buy the stock market decline that was induced by a hot March CPI report on Wednesday, according to Fundstrat's Tom Lee. Lee said that when you dive deep into the ...
The CPI jumped 0.5% last month after gaining 0.4% in December, the Labor said on Wednesday. In the 12 months through January, it increased 3.0% after advancing 2.9% in December. Sign up here.
Core CPI, which removes the volatile food and energy ... “At first glance, January’s hot inflation report may seem like a sign that we are returning to a stronger inflation environment.
The Bureau of Labor Statistics reported an overall rise of 0.1% in the CPI for March. Meanwhile, core CPI, which excludes the volatile food and energy components, rose 0.4% in March.