Inflation Rate

The last mile is always the hardest. The Bureau of Labor Statistics will reveal the much-awaited consumer price index (CPI) inflation report on Tuesday, June 13, coinciding precisely with the kickoff of the Federal Open Market Committee’s two-day rate-setting meeting. The convergence of all...

The latest inflation report for April released Wednesday revealed the 10th consecutive decline in the annual CPI rate, which fell from 5% to 4.9%, falling short of expectations for a 5% reading. Inflation excluding food and energy eased from 5.6% to 5.5%, matching estimates. ...

The Consumer Price Index (CPI) in the United States came in at 4.9% year-over-year in April, slightly below the 5% increase seen in March and the 5% forecasted by economists.  Inflation Falls Short Of Expectations In April: What You Should Know The headline inflation rate...

The Past Week, In A Nutshell What Happened: In light of hopes for a sustained economic rebound, U.S. broad market indices pushed to new all-time highs. Remember This: “[T]he third wave is now hitting the economy harder than we thought and that the damage is likely to keep adding up in coming...

The Past Week, In A Nutshell What Happened: Last week ended positive alongside progress in stimulus talks. Remember This: “Very rarely in the last 10 years have we seen earnings estimates moving higher after a quarterly reporting season,” said Art Hogan, chief market strategist at...