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.

The May consumer price inflation (CPI) report is a first-tier data that can potentially move the market, mainly because of ...

Inflation just won't die. Forget today's headline 3% figure: That's already out of date. According to the consumer-price report published Wednesday, prices last month rose at an annualized rate of ...

Another hot CPI print in March just buried the rate cut narrative. The March CPI and core CPI report came in at 0.4% m/m vs. estimates for 0.3%. Meanwhile, the headline CPI came in at 3.5% y/y ...

"The smallest gain in core CPI since 2021 surely gives the Fed confidence that the hot CPI readings [in the first quarter] were a bump in the road, and builds momentum for multiple rate cuts this ...

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 ...

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 CPI print yesterday, kind of expecting a repeat of the seasonality we've seen the last few years. Everybody kind of knew it was going to come in a bit hot. Um, we just didn't know it was going ...

Hot Jan US CPI Surprise Argues for Fed Staying in Neutral (Reuters) -The U.S. consumer price index increased more than expected in January, reinforcing the Federal Reserve's message that it was in ...

While President Trump has pointed to cooling prices as a reason for rate cuts, the Federal Reserve has kept rates unchanged to guard against tariff-fueled disruptions that could derail a soft landing, ...

The closely watched U.S. December CPI report comes out on Wednesday morning. Headline annual inflation is seen rising by 2.9% and core CPI is forecast to increase by 3.3%. A hot CPI print would ...