U.S. producer prices increased solidly in January, offering more evidence inflation was picking up again and strengthening ...
The report incorporated new weights for the consumer basket to try to more accurately capture Americans’ spending habits, which resulted in minimal revisions to the CPI last year. Some Fed officials ...
Inflation tends to come in higher in January. Still, today’s BLS report indicates that inflation progress has stalled and may ...
Higher prices for car insurance, airfares and a record monthly increase in the cost of prescription drugs paced the rise core ...
We are still feeling the effects of yesterday’s CPI. It’s not so much the BLS reading of headline and core CPI higher, but rather the Cleveland Fed’s median up 3.9% annualized (from 3.59%) and core up ...
RBI is reportedly using machine learning tools to enhance its inflation forecasting, the bedrock of monetary policy decisions ...
January’s consumer price index exceeded expectations, leading to diminished hopes for multiple Federal Reserve rate cuts.
Underlying US inflation last month rose by the most since March, diminishing chances the Federal Reserve will lower interest ...
The “weights” are the decimal numbers by which ... But like the full CPI versus the “core CPI,” PCE index changes are lower than those for the CPI in as many months as they are higher.
The producer price index for final demand rose 0.4% last month after an upwardly revised 0.5% gain in December, the Labor ...