CPI

In a recent tweet, Peter Schiff expressed concern over the declining U.S. Dollar Index and the Federal Reserve’s plans for interest rate cuts. Schiff’s tweet, posted on December 21, highlights the potential inflationary impact of these rate cuts, especially given the current technical...

The Pivot Issue  For two years, Wall Street pundits and asset gatherers have been screaming for the Fed  to pivot to lower interest rates. Unsurprisingly, they make more money when asset prices  are high. They were doing this even as the CPI was approaching double digits and when...

In a series of tweets on Thursday, former Federal Reserve economist Claudia Sahm shared her insights on the potential for a soft landing in 2024, crediting Federal Reserve Chair Jerome Powell for this outcome. Using a flight simulator image of Everest base camp’s Lukla airport, Sahm...

Peter Schiff, a well-known economist, criticizes Federal Reserve Chair Jerome Powell for his apparent shift in stance on interest rate cuts. This comes after recent Federal Reserve meetings signaling potential rate reductions. What Happened: On Tuesday, Schiff took to X, formerly Twitter, to...

U.S. Treasury Secretary Janet Yellen expects inflation to continue to trend lower toward the Federal Reserve's target of 2% in 2024. Inflation Outlook: Yellen issued a forecast for consumer prices Wednesday on CNBC's "Squawk On The Street." "My expectation...

“Mad Money” host Jim Cramer highlighted the potential risk speculative buying poses to the ongoing market rally, warning investors of a potential market downfall. What Happened: Cramer, in his Tuesday night broadcast, unraveled the stages of the current market rally. He warned of the...

According to the latest Bureau of Labor Statistics report, the Consumer Price Index (CPI) edged down to an annual rate of 3.1% in November, aligning with market expectations. The inflation report comes right before the imminent start of the Federal Open Market Committee (FOMC) meeting, scheduled...

Few events capture as much attention and anticipation as the monthly inflation report, with investors scrutinizing these figures to gauge future interest rate decisions and guide portfolio adjustments. Rarely does an economic announcement hold as much significance as this Tuesday’s U.S....

While Black Friday has grown to become one of the world’s largest annual consumer events in its own right in recent years, economic headwinds have threatened to dampen the festive spirits of shoppers in the US ahead of the big day. Despite a cost-of-living pinch to Black Friday shoppers, it...

As President Joe Biden celebrated his 81st birthday this week by pardoning National Thanksgiving Turkeys and cracking jokes about his age, the White House put forth a rosy picture of the nation’s grocery inflation, claiming it to be at its lowest level in more than two years. However, a...

Since the Nov. 1 Federal Reserve policy-setting meeting, market expectations on interest rates have taken a dovish turn. Tuesday’s publication of the minutes from that meeting could provide a sobering reminder that the Fed’s thinking may lag that of the markets. Following last week...

Over the last three weeks, the markets have displayed an impressive bull run not seen since 2021. Not only has the market recovered over four months of losses, but it also pushed names like Microsoft (NASDAQ: MSFT) to all-time highs. When the market moves in one direction aggressively, it typically...

October witnessed a greater-than-anticipated drop in inflation, with significant declines in both the Consumer Price Index (CPI) and Producer Price Index (PPI). The CPI index declined from a 3.7% annual rate in September to a 3.2% in October, missing the expected 3.3% forecasted by economists. The...

The cryptocurrency market experienced a significant decline on Tuesday evening, despite a generally supportive environment for risk assets. This came on the heels of a cooler-than-expected October inflation reading, which led to a surge in stock prices and a substantial drop in bond yields....

The October Consumer Price Index (CPI) report delivered positive news in the U.S. economy’s fight against inflationary pressures. In October, the annual inflation rate decreased from 3.7% to 3.2%, below the economists’ anticipated 3.3% projection. Simultaneously, the core inflation...