CPI

There is a slew of economic data this week, with a look at inflation, retail sales, initial jobless claims, and manufacturing data leading the way. There are no economic reports scheduled to be released on Monday. Tuesday, September 13, we get August export and import prices at 8:30 a.m. At 2...

The former most powerful central banker in the world is speaking today, and when he talks markets listen. Former Federal Reserve Chairman Alan Greenspan is speaking in Washington D.C. this morning, and he is making some poignant comments about the U.S. economy, as well as his outlook on gold, and...

Millions of investors, traders and money managers are pinning their hopes on one phrase. Trillions upon trillions of dollars are at stake here. Sorry to disappoint. There will be no QE3. Not on August 26th, anyway. This morning we got July Consumer Price Index (CPI), and it was extremely hot...

The BLS released its monthly CPI report today for July, here are some highlights: 1. From July of last year, the all items CPI inflation was 3.6%, the same rate as in May and June (see chart above).  2. Over the last 12 months through July, food prices have increased by 4.2% (highest since March...

Everyday, it seems as though people are worrying about the inflation rate. A recent rise in the rate of core inflation has left some in the U.S. fretting. Increases in the prices of gasoline and food may have hit the wallets of U.S. consumers hard. Yet, comparatively speaking, the current rate of...

There are different measures of inflation. There is the headline measure of inflation and core inflation. Headline inflation takes the price of food and energy into account, while core inflation does not. Headline inflation is a measure of what economic agents feel in the economy on a day-to-day...

For May, Jobless claims in the United Kingdom rose 19,600. That comes after a jump of 16,900 in April, according to Bloomberg. Most alarming is how sharply the data caught economists off guard. Bloomberg surveyed 22 economists and found that the median expectation was an increase of 6,500. The...

Federal Reserve Chairman Ben Bernanke may be engaged in a subtle act of economic warfare. It appears as though he is exploiting a fault in Chinese economic policy for the benefit of the United States. A Korean economist named Ha-Joon Chang wrote a book ten years ago titled "Kicking Away the Ladder...

Equity futures are plunging lower after higher inflation and a weak Empire Manufacturing number were just released, sending stocks sharply lower. May consumer price index (CPI) came in at 0.2%, versus the estimate of 0.1%. Year over year, the CPI rose 3.6%, versus estimates of 3.4%. Excluding...

Tomorrow, June 15, is a big day in terms of economic reports and the markets will be watching and waiting with every breath as the economy appears to be weakening. At 7:00 a.m., the MBA mortgage index is going to be released for the week ending June 10. At 8:30 a.m., May CPI will be released. It...

There is growing evidence that some of the world's major developing economies might be overheating. China and Turkey in particular. China has been experiencing rapid economic growth for nearly the whole of the previous decade. The Shanghai composite index is up over 100% since 2005, and roughly...

Billionaire George Soros spoke at a conference in Oslo, Norway on Tuesday. In his speech, he remarked that there was growing evidence that the Chinese government was losing control of the economic situation in the country. Soros stated that it appeared as if wage price inflation was beginning to...

Tomorrow has a couple of market moving economic reports, in the form of April consumer price index (CPI), and the University of Michigan consumer sentiment. At 8:30 a.m., April CPI is expected to be released, and economists expect a reading of 0.4%, down from 0.5% in March. Core CPI is expected...

A slew of economic data was just released, and the data came in mixed versus expetations. Initial jobless came in at 385,000 versus, expectations of 387,000. The prior week was revised to 401,000 versus the 397,000 that was intially reported. Continuing claims came in at 3.71 million versus...

November CPI was just released and it came in at at 0.1%, versus 0.2% expectations. Excluding auto and food, CPI rose 0.1%, which was in line with expectations. Empire State manufacturing index came in much better than expected. It showed a reading of 10.57, versus expectations of 3.0. Stock...