Wednesday’s CPI release jolted markets, which had been anticipating an aggressive series of interest rate cuts this year. The report showed annual inflation running at 3.5%, well above the Fed’s 2% target. The market now is pricing in the possibility of just two cuts this year,...
"This isn't the CPI report the market wanted to see. With core inflation coming in higher than expected, the Fed's path to a 50 basis point cut has become more complicated," said Seema Shah, chief global strategist at Principal Asset Management. Stocks slumpedfollowing the report, while Tr...
Statistics Canada is set to release its April consumer price index report this morning. Economists expect Canada's annual inflation rate fell slightly last month from 2.9 per cent in March. RBC is forecasting prices were 2.7 per cent higher in April compared with a year ago. The...
November 2024 Inflation Up Slightly The U.S. Bureau of Labor Statistics released its November Inflation report on Wednesday December 11th showing Annual Inflation was up from 2.6% in October to 2.7% in November. (But since we calculate it to two digits, it was actually 2.60% in October and...
Show sources information Show publisher information Use Ask Statista Research Service Release date January 2025 Region China Survey time period December 2022 to December 2024 Citation formats Citation formats View options Other statistics on the topicConsumer Price Index and inflation rate in China...
Update, April 9, 2024:This story has been updated to include additional analysis from economists. Key Takeaways The widely-watched report on the Consumer Price Index (CPI) next week is expected to show overall inflation accelerating while the important "core" inflation measure slows down. ...
When will the PCE inflation report be released, and how could it affect EUR/USD? The PCE inflation data is slated for release at 12:30 GMT. The monthly core PCE Price Index gauge is the most-preferred inflation reading by the Fed, as it’s not distorted by base effects a...
When will the PCE inflation report be released, and how could it affect EUR/USD? The PCE inflation data is slated for release at 13:30 GMT. The monthly Core PCE Price Index gauge is the most-preferred inflation reading by the Fed, as it’s not distorted by base effects ...
On Wednesday, the government will release April’s inflation report, and economists forecast it will show inflation declined slightly to 3.4%, from 3.5% in March. It has climbed from 3.1% in January, however, after falling sharply last year, raising concerns about whethe...
The July 2024 CPI report will likely increase the Fed’s confidence that inflation is on the way to its 2% target and position the Fed to cut interest rates in September. Learn more here.