CPI

The United States is bracing for a potential acceleration in inflation, with a significant depreciation of the dollar now identified as a key contributing factor, according to a new analysis by Torsten Sløk, the chief economist at Apollo. What Happened: As per Sløk’s analysis, a 10%...

Even as May’s inflation print was better-than-expected, it snapped a four-month falling streak and rose slightly, hinting that firms absorbed some tariff-induced price hikes. What Happened: “Surprisingly, new and used vehicle prices declined in May, despite many expecting an increase in...

Inflation resumed its climb in May, snapping a four-month streak of easing price pressures, yet rising input costs from tariffs failed to significantly spill into consumer prices. The annual rate of increase in the Consumer Price Index (CPI) was 2.4% last month, marking a slight acceleration...

U.S. stock futures were trading lower on Wednesday after a positive close on Tuesday. Futures of major benchmark indices were lower in premarket. A federal appeals court on Tuesday permitted President Donald Trump‘s extensive tariffs to continue, pending its review of lower court rulings that...

The Consumer Price Index (CPI) was 2.3% higher than a year ago, the Bureau of Labor Statistics said Tuesday, below the economists’ expectations of 2.4% and the previous reading. The monthly gain was 0.2%, rebounding from a prior decline of 0.1%, yet falling short of a 0.3% forecast. The core...

Wharton Professor of Finance and WisdomTree Senior Economist Jeremy Siegel says the U.S.-China trade deal was a lot better than anyone was anticipating, and he expects it to stay that way. What To Know: The U.S. and China agreed to a temporary trade deal over the weekend in which U.S. tariffs on...

April's Consumer Price Index report released on Tuesday was generally received as positive news by markets and analysts. The data indicate that inflation is cooling faster than expected, supporting hopes for a potential pause or even an eventual cut in interest rates by the Federal Reserve.  CPI...

Consumer prices in the U.S. eased faster than expected in April, with fresh tariffs introduced by President Donald Trump appearing not to have a swift and tangible impact on the cost of living. The Consumer Price Index (CPI) was 2.3% higher compared to a year ago, the Bureau of Labor Statistics...

U.S. stock futures were lower on Thursday after staging a stellar recovery on Wednesday after a tariff pause. Futures of major benchmark indices were down in premarket. President Donald Trump attributed the tariff pause to negotiation efforts by roughly 75 non-retaliating nations in a Truth Social...

According to the Bureau of Labor Statistics, the headline Consumer Price Index (CPI) dropped from 3.0% in January to 2.8% in February, below economist expectations of 2.9%. With inflation cooling, the possibility of interest rate cuts also come into the picture. In this backdrop, certain sectors...

February's Consumer Price Index report released Wednesday came in cooler-than-expected and bolstered Wall Street's expectations for rate cuts in the months ahead. Here's a look at economists' reactions to the latest inflation data.   What To Know: Headline inflation eased slightly to 2.8...

U.S. stock futures were up on Wednesday after a volatile session on Tuesday. Futures of all four benchmark indices advanced in premarket trading. Investors will keep an eye on pivotal February inflation data as stagflation worries have been weighing on Wall Street. Economists polled by...

Wall Street is on edge ahead of a pivotal inflation report this Wednesday, as traders hope for signs that price pressures are finally cooling after weeks of market turmoil. The tech-heavy Nasdaq 100 – as tracked by the Invesco QQQ Trust (NASDAQ:QQQ) – has tumbled 13% in just three weeks, with March...

The January Consumer Price Index came in higher than expected with inflation hot to start 2025. What Happened: CPI rose 3% on a year-over-year basis in January, missing expectations for 2.9%. CPI was up 0.5% on an adjusted basis from December to January, up from 0.4% in the previous report. Rising...

U.S. stock futures fell on Wednesday after a mixed close on Tuesday as Federal Reserve Chairman Jerome Powell began his two-day testimony in front of Congress. All benchmark indices were lower except the Russell 2000. Traders await the inflation data today as economists and betting markets are...