The consumer sentiment index in April fell to its lowest level since 2022, plunging to 50.8 from 57.0 in March. At the same time, inflation expectations rose to their highest levels since the 1980s. … READ MORE >
producer price index
Producer price index implies further disinflation
The lower-than-expected producer inflation report released on Friday should offset some of the upside surprises from the consumer inflation data released on Thursday. … READ MORE >
Producer inflation and initial jobless claims stabilize further
While the producer price index came out slightly higher than forecasted at 0.3% on the month and 1.7% on a year-ago basis, it remained on a moderating trend with July’s number being revised down. … READ MORE >
Producer prices grow slower than expected, adding evidence to support rate cut
Key inflation metrics reflect a more-than-tolerable range of inflation that requires no further tightening of monetary policy. … READ MORE >
PCE inflation preview: From noise to norm, rate cuts are on the horizon
Following the release of the consumer price index and producer price index this week, we are now forecasting a 0.084% increase in the May personal consumption expenditures index, translating to a 2.6% increase on a year-over-year basis. … READ MORE >
Initial jobless claims jump as inflation continues to improve
The weekly initial jobless claims figure was the highest level in almost a year, nearing the threshold of 250,000 that in our view signals conditions for a possible recession. … READ MORE >
Producer price offers mixed result ahead of CPI release
The producer price index increased by 0.5% in April, above estimates, as both goods and service prices accelerated, according to Bureau of Labor Statistics data released on Tuesday. … READ MORE >
August retail sales and producer inflation show a hot summer finish
Retail sales and producer inflation came in significantly higher than expected, while initial jobless claims were lower than the market consensus. … READ MORE >
Producer prices, consumer sentiment data show signs of more price stability
Together with Thursday’s data on the consumer price index, this indicates that the bar for another rate hike in September is getting higher. … READ MORE >
Job and producer inflation data raises soft-landing hope
Data on jobless claims and producer inflation came in lower than forecast on Thursday, giving mixed signals on the Federal Reserve’s rate trajectory. … READ MORE >