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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 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%, ...
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 Consumer Price Index rose slightly less than expected in July annually as tariffs showed only a slight influence on ...
JPMorgan's trading desk often puts together a so-called "scenario analysis" anticipating how the stock market would react to ...
Tariffs are pushing up core inflation in the US. Goods prices, which had been declining in 2024 have begun to rise again on ...
Stock index futures jumped on Tuesday, as the July retail inflation report came largely in line, but core CPI was slightly ...
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