"I wouldn't say tomorrow's CPI matters by itself. I think the combination of March, tomorrow's and May's data will kind of be the big inflection point," said Ben Jeffery, a fixed income strategist at BMO. But Jeffery said the report has a good chance of b...
According to forecasts, the inflation report is expected to reveal a 3.1% increase in the CPI compared to the previous year, marking the smallest rise since March 2021. This is primarily attributed to the decrease in gasoline prices. Core CPI, excluding volatile items, is predicted to sho...
"But with CPI on deck, investors may already have their sights set on any potential positive momentum from the read tomorrow." Last month's consumer price index, which is more closely monitored by investors as a more direct measure of inflation, will be released at 8:30 a.m. ET on Wedn...
In recent years, depletion has been making the extraction of fossil fuel resources increasingly expensive. One issue is that the resources that were easiest to extract and closest to where they were needed were extracted first, leaving the highest cost resource...
the year.” While consumer confidence recently has not been as highly correlated with retail sales as in the past, this has been attributed to low inflation and high savings rates. However, as shown in Figures 5 and 6, CPI has begun to tick up while the savings rates have steadily ...