The producer price index rose by 0.4% in January, following an upwardly revised 0.5% increase in December, making it the hottest two-month stretch of inflation since February last year. … READ MORE >
U.S. inflation
Inflation accelerates in January amid concerns about rising expectations
The CPI data for January will feed into expectations that the Fed is done cutting rates just as policy uncertainty on trade and immigration is likely to feed into rising inflation expectations.
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Market minute: The problem of sticky and stubborn inflation
While housing inflation is easing, owners’ equivalent rent remains one of the two major catalysts for rising cost pressures on American households. … READ MORE >
U.S. households show robust gains on spending and income
Robust income and spending gains continue to underscore a strong economy that is benefiting not only from real income gains but also from rising equity and home prices. … READ MORE >
Inflation improvement stalled in December ahead of price increases
The CPI data affirmed the growing inclination at the Fed that any further rate cuts—if there are any at all this year— should be postponed until the second half of the year. … READ MORE >
Inflation ticks up amid seasonal factors and strong growth
November marked the first month since April when overall CPI inflation grew by 0.3% monthly, or 3.7% annualized, well above the Fed’s 2% target. … READ MORE >
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 >
U.S. CPI: Further evidence of disinflation supports another rate cut
We expect the Fed to keep its eyes on preserving full employment amid general price stability, which points to a further reduction in interest rates throughout the remainder of the year … READ MORE >
American economy grew by 2.8% in second quarter, exceeding forecasts
A strong labor market, rising real wages and a 1% increase in disposable income bolstered household spending, which advanced by a sustainable 2.3%. … READ MORE >
Further disinflation in the June consumer price index points to a Fed rate cut
The road is now open to a rate cut by the Federal Reserve in September. Broad-based core goods inflation along with easing energy and transportation costs all continue be the primary factors behind inflation’s decline from 9.1% in June 2022 to its current 3%. … READ MORE >