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Fed's Nightmare: CPI Inflation In Core Services Worst In 6 Months, Pushing Core CPI To Worst In 6 Months; Some Goods Prices Fell, Others Rose
Year-over-year, used vehicle prices rose by 4.8%, the seventh month in a row of year-over-year increases, and the biggest one yet. Apparel and footwear are largely imported and tariffed. The CPI for apparel and footwear inched up a hair by 0.07% month-to-month and was down 0.2% year-over-year.
The stock markets were unanimously pleased with the latest CPI inflation print. Check out my key takeaways from the latest ...
The core consumer price index, a key measure of inflation watched closely by the Federal Reserve, jumped to 3.1% in July, ...
The Consumer Price Index rose slightly less than expected in July annually as tariffs showed only a slight influence on ...
Consensus expects core CPI, which strips out food and energy, to rise 0.3% from June, pushing the annual rate to 3.0% from ...
The Dow Jones Industrial Average soared 483 points, or 1.1%, after economists noted that much of the gains were driven by services, not goods inflation. The Nasdaq and S&P 500 climbed more than 1%, ...
JPMorgan's trading desk often puts together a so-called "scenario analysis" anticipating how the stock market would react to ...
Stock index futures jumped on Tuesday, as the July retail inflation report came largely in line, but core CPI was slightly ...
The July CPI report shows that tariffs are having a slight impact on inflation, though not enough to keep the Fed from ...
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