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April CPI Report: Inflation Up 3.4% on the Year
The Wall Street Journal· 11 hours agoThe Federal Reserve’s preferred inflation measure—the **personal-consumption expenditures price index**—is due May 31. Forecasters are generally able to...
CPI Inflation Soothes Fed Fears As Retail Sales Slow; S&P 500 Hits New High
Investor's Business Daily· 8 hours agoMedical care services prices rose 0.4%. Transportation services prices rose 0.9%, despite a 0.8%...
CPI Down 1st Time in 2024, Pre-Markets Up
Zacks via Yahoo Finance· 9 hours ago(Remember January posted the weakest Retail Sales figures since March of last year.) The Control number — a synthesis of data that re-emerges in GDP and ...
US Dollar Softens Ahead of All-Important April CPI Report: Here's How to Trade It
Investing.com· 12 hours agoThe US dollar has come under pressure ahead of the release of the US Consumer Price Index ( CPI )...
Inflation Cooled for the First Time in 2024. But Don't Expect Fed Rate Cuts Any Time Soon
CNET· 8 hours agoInflation inched downward in April, with prices rising by 3.4% on average in the last 12 months,...
PPI Runs Hot, But Health Care Inflation Eases
Investor's Business Daily· 1 day agoProducer price index data out Tuesday showed that inflation ran hotter in April, but downward revisions to earlier data assuaged concerns. Meanwhile,...
The Fed’s Preferred Inflation Gauge Likely Cooled in April
The Wall Street Journal· 6 hours agoThe Federal Reserve’s preferred inflation gauge is likely to show that price pressures moderated in...
Dow Jones Futures Await CPI Inflation With Stock Market Near Highs; GameStop, AMC Skid
Investor's Business Daily· 11 hours agoThe April producer price index came in hotter than expected, but March data saw big downward...
Softer April CPI Stops the Bleeding on Fed Rate Cut Hopes
Morningstar· 8 hours agoFederal Reserve interest rate cuts are still seen as being on the table in 2024, though expectations remain significantly scaled back from just a few months ago. The Bureau of Labor Statistics ...
Signs of Cooling Are Everywhere in the Economy. It Isn’t Just CPI.
Barrons.com· 4 hours agoThe Bureau of Economic Analysis will release the April PCE Index on May 31. Still, as Fed officials...