Consumers face the possibility of double-digit increases in many grocery items given the quantity of fruit and vegetables imported from those two countries. … READ MORE >
U.S. inflation
Market minute: Is the fight against PCE inflation like waiting for Godot?
The January PCE inflation report, to be released Friday, will most likely show a 0.3% top-line increase on the month and a 2.5% increase from one year ago. … READ MORE >
Market minute: Rebar prices and dying disinflation
Economists have stepped up their research to ascertain if disinflation has ended and how that affects the risk matrix around the economy. … READ MORE >
Producer inflation topped forecasts in January, led by food and energy prices
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 >
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 >