With CPI rising by 0.6% on the month and by 3.7% compared to a year ago, it is clear that the central bank will need to act to restore price stability. … READ MORE >
U.S. inflation
Market Minute: As CPI stays elevated, real wages decline
The Consumer Price Index for September is likely to increase by 0.6% on the month and by 3.6% annually when the data is released on Oct. 14. … READ MORE >
Expansion accelerates as inflation remains elevated
Household spending strengthened in September, and revised second-quarter gross domestic product shows the economy entered midyear on firmer footing than initially estimated. … READ MORE >
Market Minute: Rate hikes coming to a central bank near you
We expect global central banks to raise their policy rates to counter the energy shock and the inflation that is once more taking hold. … READ MORE >
What do higher yields look like? Our model shows their impact.
We modeled a serios of shocks to identify the impact on growth, employment and inflation. The results show the challenge of bringing down inflation. … READ MORE >
Fed hikes rates and signals more increases to come
The Federal Open Market Committee on Wednesday increased its federal funds policy rate by 25 basis points to a range between 3.75% and 4%. … READ MORE >
August inflation data demands rate hikes from the Fed
With higher oil and distillate prices set to be passed downstream to consumers, the Federal Reserve his little choice but to raise its policy rate at its next meeting. … READ MORE >
Energy pushes producer prices higher, but core cools
Headline producer prices rose 0.4% in August, most of the increase came from rising energy prices. The core measure, which excludes food and energy, rose by 0.2%, a tenth below expectations. … READ MORE >
Inflation is not going gently into that good night
Both headline and core PCE inflation advanced by 0.2% on the month while on a year-ago basis prices advanced by 3.7% for the headline number and 3.3% for the core. … READ MORE >
Producer prices unchanged, easing Fed’s hike pressure
The producer price index was unchanged on the month, while the core metric was running at the target level, rising by 0.2%. … READ MORE >