CPI report for March: Dow Jones ends with third straight session of losses after hotter-than-expected inflation data Follow the U.S. CPI report and all the latest market action on Wednesday here. Last Updated: April 10, 2024 at 4:22 PM EDT ...
The monthly CPI rates also came in hotter than expected, with headline and core CPI both rising 0.6%, compared with the estimates for a 0.4% increase by both measures. Stock market futures declined following the report, with rate-sensitive tech stocks hit especially hard. Gov...
"The much-anticipated CPI report is a disappointment for those who expected inflation to edge lower allowing the Fed to begin easing rates sooner rather than later," said Quincy Krosby, chief global strategist at LPL Financial. "Across th...
Today, most eyes are on the March Consumer Price Index (CPI) report released this morning. In a nutshell, inflation came inslightly hotter than expected. Specifically, the CPI climbed 0.4% month-over-month and 3.5% year-over-year (YOY) in March, marking an “acceleration fromFebruary’s ...
The CPI data for September came in hotter than expected at 0.4%. That pushed the yearly gain to 5.4%. But an honest CPI calculation would come in even hotter. I am doing something different this month. In past reviews of the CPI, I typically take the BLS
3. “We can ease policy if labor market unexpectedly weakens or inflation falls more quickly than expected.” “如果劳动力市场意外走弱,或通胀下降速度快于预期,我们可以放松政策。” 4. 当鲍威尔被问到 “TheCPIthis morning came in a little hotter than expected at 3%. Did this surprise you?” ...
Canada’s October Consumer Price Index was slightly hotter than expected. Consensus for annual CPI was 2.1%. Actual was 2.4%. Gains were attributed mainly to higher gasoline prices. Excluding food and energy, consensus was 1.5%. Actual was 1.8%. ...
Later in the session on Wednesday, US inflation numbers and the Fed will be in the spotlight. Economists forecast the US annual inflation rate to remain at 3.4% in May. Furthermore, economists expect the core inflation rate to soften from 3.6% to 3.5%. Hotter-than-expected numbers could re...
“If CPI is hot — or hotter than expected —the Fed has some work to do, to make sure we land the right way.” Read: Inflation still slowing, CPI to show, but some warning signs might flash U.S. stocks lately have hovered near record highs, which could make them vulnerable to ...
"It came in as expected. That's the best thing you could say about it. It didn't come in hotter than expected and the market likes it because of that." "I wish it were lower but it isn't. The reality of the situation is that the pace of inflation has moderated but it ha...