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US Economy News Today: Wholesale Price Index Adds to Inflation Equation
Today, the producer price index gave a clue into future inflation. Additionally, Fed officials, economists and investors are digesting yesterday's data to shape projections moving into the summer. Read More
CPI up. Fed must raise interest rates now.
Now the Fed must avoid a third monetary policy blunder. In the May meeting of the Open Market Committee, the Fed should announce that they will not cut interest rates at all this year. Rather they ... Read More
March CPI Report Comes in Hot: What the Experts Are Saying About Inflation
Core CPI, which strips out volatile food and energy costs and is considered a better predictor of future prices, hit 0.4% month-to-month – just as it did the preceding two months. Economists were ... Read More
US producer prices rose 2.1% from last year, most since April, as inflation proves hard to shake
U.S. producer prices rose in March from a year earlier at the fastest pace in nearly a year, offering more evidence that progress against inflation may have stalled this year and raising doubts about ... Read More
A crucial report Wednesday is expected to show little progress against inflation
The March consumer price index is expected to register increases of 0.3% both for the all-items measure as well as core. Read More
When Will Mortgage Rates Come Down? New Timeline for Drop Revealed
March consumer price index data pushes rate-cut expectations back to September, prolonging high mortgage rates. Read More
Forecasts for March CPI Report Show More Mixed Signals on Inflation
Daco believes overall inflation rose 0.35% on a monthly basis in March. CPI report release date and time: Wednesday, April 10 at ... believe there is more disinflation to come from the vehicles ... Read More
US inflation spikes 3.5% in March, casting further doubts on Fed’s rate cuts
The figure marks the highest year-over-year increase since December, when the inflation reading came ... Nattakorn – stock.adobe.com Core CPI — a number that excludes volatile food and energy ... Read More
Canadian CPI picked up pace in March
Inflation in Canada, as measured by the change in the Consumer Price Index (CPI), rose by 2.9% on a yearly basis in March from 2.8% in February, Statistics Canada reported on Tuesday. This reading ... Read More
Canada Inflation Ticks Up in March to 2.9% -- 3rd Update
Canadian inflation heated up last month as prices at the pump jumped, yet expectations that a first rate cut could come as soon ... Read More
Canada Inflation Ticks Up in March to 2.9% -- 2nd Update
OTTAWA--Canadian inflation heated up last month as prices at the pump jumped, yet expectations that a first rate cut could come as soon as ... provided the next CPI release doesn't show a sizeable ... Read More
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