CPI

Overview Today, we got the September Consumer Price Index (CPI) report which showed an overall increase of 3.2% in the last year and 0.0% vs last month. This was below expectations of 3.3% for the year and 0.1% for the month. The Core CPI which excludes food and energy was up 4.0% for the last year...

The U.S. inflation rate in October 2023 decelerated to 3.2% year-over-year, down from the 3.7% observed in September and resuming a downward trend following a summer rebound. The figure showed a reduction in overall inflation pressure and fell more than economists’ expectations, which were...

The U.S. Consumer Price Index (CPI) inflation is set to drop from an annual 3.7% rate in September to a 3.3% rate in October, marking the first drop since June 2023, according to the median economist consensus. The eagerly awaited U.S. CPI report for October is set to be released by the Bureau of...

A recent study analyzing Census Bureau data conducted by the Federal Reserve Bank of Dallas reveals that Southern states are experiencing the most significant impact from inflation stress.  Where’s Inflation Stress Highest? Mississippi leads the list,...

Peter Schiff, a well-known gold bull, recently challenged Jerome Powell’s claim that inflation is a consequence of consumer expectations, highlighting the role of excessive government spending and deficits. What Happened: On Tuesday, Schiff took to Twitter to question Federal Reserve Chair...

Notable economist Peter Schiff recently expressed concerns about long-term U.S. Treasuries and suggested gold as the new safe asset for investors. What Happened: Schiff shared his views via a tweet on Wednesday, stating, “Right now one of the riskiest financial assets is long-term U.S....

Acclaimed economist Peter Schiff warned Tuesday about the potential impact of a rise in bond yields, oil, and gold. He referred to this as a “trifecta of doom,” indicating an entrenched inflation and dwindling confidence in the Federal Reserve and the U.S.’s fiscal solvency. #...

This piece was originally published on October 12th, 2023 For the past two years, the financial world has focused on the actions of the Federal Reserve, wondering when they’d pause rate hikes or pivot to lower rates. While the Fed has an enormous amount of power, they only control the very...

Donald Trump Jr., the eldest son of former U.S. President Donald Trump, criticizes economist Paul Krugman’s stance on inflation, asserting that the well-known economist is downplaying the struggles of everyday people. What Happened: On Thursday, Trump Jr. took to Twitter to criticize Paul...

Overview Today, we got the September Consumer Price Index (CPI) report which showed an overall increase of 3.7% in the last year and .4% vs last month. This was above expectations of 3.6% for the year and .3% for the month. The Core CPI which excludes food and energy was up 4.1% for the last year...

Overview Today, we got the September Consumer Price Index (CPI) report which showed an overall increase of 3.7% in the last year and .4% vs last month. This was above expectations of 3.6% for the year and .3% for the month. The Core CPI which excludes food and energy was up 4.1% for the last year...

To gain an edge, this is what you need to know today. Hotter Consumer Inflation Please click here for a chart of SPDR S&P 500 ETF Trust (ARCA:SPY) which represents the benchmark stock market index S&P 500 (SPX). Note the following: The chart shows that the stock market ran up...

The Consumer Price Index (CPI) once again surpassed economist expectations in September, adding fresh pressure on the Federal Reserve to consider raising interest rates further. September CPI Report: Highlights Inflation grew at a 3.7% year-over-year pace last month, unchanged from August’s...

Markets are eagerly awaiting September’s inflation data, with the Bureau of Labor Statistics set to release the Consumer Price Index (CPI) report on Thursday. The unexpected rise in September’s Producer Price Index (PPI) has heightened anticipation for the upcoming consumer inflation...