Inflation in the United States accelerated modestly in February, increasing by 0.4% on the month and by 6% on a year-ago basis. … READ MORE >
Consumer Price Index
Inflation grew faster in January, bolstering the case for more rate hikes
January’s Consumer Price Index increased by 0.5% on the month, rising from a 0.1% increase in December, and by 6.4% on a 12-month basis, the Bureau of Labor Statistics reported on Tuesday. … READ MORE >
U.S. inflation eases in December, supporting a moderation in Fed rate hikes
Top-line inflation declined by 0.1% on the month in December and increased by 6.5% on an annual basis. … READ MORE >
November CPI: Easing inflation amid surging housing costs poses dilemma for Fed
The sharp 3.4% decline in goods costs on a three-month average annualized pace stands in contrast with the 8.9% increase in housing costs, all of which poses quite a dilemma for the Fed. … READ MORE >
Producer price inflation hotter than expected ahead of Fed’s meeting
The producer price index for final demand rose by 0.3% in November and by 7.4% year-over-year, the Bureau of Labor Statistics reported on Friday. … READ MORE >
U.S. October CPI: Inflation still high, but relief on the horizon
U.S. inflation is most likely approaching an inflection point where the central bank can begin considering a pause in its efforts to restore price stability. … READ MORE >
Inflation remains hot, sticky and elevated, implying another supersized rate hike
Both top-line and core inflation remain hot, sticky and elevated, which implies another rate increase of 75 basis points at the Fed’s November meeting. … READ MORE >
U.S. August CPI: Core inflation arrives hot even as gas prices fall
Premature calls for the Fed to pause its campaign to tame inflation should be politely dismissed given the 0.1% increase in top-line inflation in August. … READ MORE >
How high must unemployment rise to tame inflation?
To reduce inflation to acceptable levels, it will be necessary to destroy between 1.7 million and 5.3 million jobs. … READ MORE >
Latest jobless claims and producer inflation show upside surprises
New filings for jobless benefits last week rose by 3.8% to 244,000 while producer inflation rose by a surprisingly strong 1.1% in June. … READ MORE >