Consumer Price Index

Rating agency S&P Global on Tuesday acknowledged the potential of cryptocurrencies as assets that can protect investors from inflation. However, the rating agency emphasized insufficient data to back up this assertion. "Crypto assets could theoretically be a hedge against...

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...

When the Consumer Price Index inflation report for April is released ahead of the open Wednesday, it will likely set the tone for the market.  The consensus estimate is for headline inflation to rise by 0.4% month-on-month, up from 0.1% in March, and by 5% year on year,...

Inflation has been a hot topic over the last several years, with many countries including the United States seeing prices of food and utilities soar. A recent survey shows that inflation is one of the top concerns among Americans. What Happened: In March, the Consumer Price Index (CPI)...

The producer price index (PPI) fell 0.5% in March, lower than expected, according to data issued bythe U.S. Labor Department. What Happened: On a year-over-year basis, the PPI number came in at 2.7%, lower than the estimated 3%. With the Consumer Price Index (CPI), and PPI for April due to be...

The market is trading higher on Wednesday after the Labor Department reported the latest Consumer Price Index figure for the month of March. While most stocks are trading higher alongside the major index funds, several stocks are taking noticeable hits in the premarket and early market trading...

The Federal Reserve announced it was raising interest rates for the first time since 2018 in early 2022. Here’s a look back at what happened and how the market has performed since. What Happened: On March 16, 2022, the Federal Reserve announced it was raising the targeted fed funds rate by 0....

Consumer expectations for short-term inflation are improving, according to a new Fed survey conducted in February. Median inflation expectations for the one-year-ahead horizon dropped to an average of 4.2% in February, from 5% in the previous month. The 0.8% drop marks a quick improvement in...

The Labor Department on Tuesday reported a 6% year-over-year increase in the consumer price index (CPI) for February. The SPDR S&P 500 (NYSE: SPY) is moving higher as expectaions for a less aggressive Federal Reserve continue to climb. Four experts laid out their...

Peter Schiff, chief economist and global strategist at Euro Pacific Capital believes inflation has not yet cooled down and that the American economy will either have to face recession or learn to live with the current trend of high prices. What Happened: "A lot more price hikes are coming as there...

The Labor Department on Tuesday reported a 6.4% year-over-year increase in the consumer price index for January. Although Tuesday's print marked the fourth straight lower inflation reading, the SPDR S&P 500 ETF Trust (NYSE: SPY) is sliding as economists fear...

Inflation cooled slightly in January, but saw increases in some areas due to the impact of surging food, energy and shelter prices on consumers, the U.S Labor Department said Tuesday.  What Happened: The consumer price index increased 0.5% in January, with an annual gain of 6.4%....

Edward Snowden quipped Wednesday (July 13) that “we’re all going to be billionaires,” while commenting on record inflation numbers made public the same day. The former intelligence consultant said in a tweet that while people would turn into billionaires, a gallon of...

The S&P 500 is making a strong start to 2023 as yet another key indicator suggests inflation is trending steadily lower. On Thursday, the Labor Department reported the consumer price index gained 6.5% in December, down from a 7.1% increase in November and in-line with economist estimates. Core...

The entire investment world was on pins and needles Thursday morning waiting for the release of the December Consumer Price Index reading at 8:30 a.m. EST. If you were listening to Thursday’s PreMarket Prep show, you had the luxury of hearing meaningful insight into the furious price action...