CPI

Inflation is the parent of unemployment and the unseen robber of those who have saved. −Margaret Thatcher We have all seen news stories explaining that in this inflationary environment, cash is generating negative returns when adjusted for inflation. Cash is also generating negative returns...

Economic data issued Thursday indicates a marked reduction in pricing pressures in June, causing many investors to anticipate an end to the Federal Reserve's interest rate hike cycle, except for one final 25-bps hike in July. What Happened: The Producer Price Index (PPI) increased by 0.1% in June,...

Following the lower-than-expected consumer price inflation data released Wednesday, there may be more positive news coming on the inflation front with the Thursday release U.S. producer price index (PPI) report. Economists predict a year-over-year increase of 0.4% for the PPI index in June, down...

U.S. consumer price inflation fell from 4% to 3% year-on-year in June, slightly below the expected 3.1%, marking the twelfth consecutive decline in inflation and the lowest print since March 2021. In a surprising turn, the U.S. core inflation rate, excluding food and energy, dropped to 4.8%, down...

U.S. Consumer Price Index (CPI) inflation decelerated beyond predictions in June, impacting the investor outlook on the Federal Reserve’s potential policy changes. By The Numbers: The annual inflation rate in the U.S. dropped from 4% in May to 3% in June, making it the lowest reading since...

The U.S. consumer price index (CPI) inflation decelerated more than predicted in June, increasing investor conviction that the Fed may decide for only one more rate hike and then halt its tightening cycle. The annual inflation rate in the United States dropped from 4% in May to 3% in June,...

Few analysts and economists foresee inflation continuing to run hot, and investors will have additional clarity with the release of the CPI report by the Bureau of Labor Statistics on Tuesday at 8:30 a.m. ET, which could mark the twelfth consecutive decline in the U.S. annual inflation rate. The...

The U.S. stock market was trending higher as of lunchtime Tuesday, with all major averages showing slight gains for the session, as investors resisted placing big wagers ahead of tomorrow’s key inflation report. On the data front, the NFIB Small Business Optimism Index rose to 91 in June,...

Central banks are at “the end of the beginning” in their fight against inflation, according to Societe Generale economist Kokou Agbo-Bloua. Despite the headline figure gradually approaching the Federal Reserve’s 2% target, the core consumer price index (CPI) remains persistently...

Expectations among consumers regarding near-term inflation dipped in June to the lowest point since April 2021, while the outlook for inflation over the next five years climbed to its highest since March of the previous year, the Federal Reserve Bank of New York revealed on Monday. This survey...

To gain an edge, this is what you need to know today. China’s Producer Deflation Please click here for a chart of Xtrackers Hvst CSI 300 China A-Shs ETF (ARCA: ASHR). Note the following: The chart shows that unlike the U.S., the Chinese market has not staged a significant...

The highly anticipated U.S. consumer price index (CPI) inflation report for June, set to be released on Wednesday, takes the spotlight as the most significant economic event of the week. Traders are now anxiously awaiting what is likely to be the most critical data reading for the Fed’s...

Another quarterly earnings season is about to kick off. In the first half of the year, the Dow Jones Industrial Average rebounded from a negative return in 2022. Through the first six months, 15 of the 30 stocks that make up the composite index were up, while 15 were down. This week, expect plenty...

Stocks closed higher last week with the S&P 500 jumping 2.6%. The index is now up 14.8% year to date, up 23.3% from its October 12 closing low of 3,577.03, and down 8.1% from its January 3, 2022 record closing high of 4,796.56. Back in February, I wrote: “Attitudes are on the cusp of...

I have a change. Usually The Fed Gets It Wrong I pointed out many times over the last few years how the Fed got it wrong. Most recently I pointed out to subscribers that when Powell floated raising by 50 at a Congressional testimony, banks fell like dominos. That was a period of a few weeks he...