CPI

The Consumer Price Index rose from 2.6% in October to 2.7% in November, in line with economist predictions. Here’s a look at what experts expect from the Federal Reserve in the months ahead.  Experts Weigh In: Most experts are anticipating another quarter-point rate cut from the Federal...

Wall Street kicked off Wednesday on a positive note as November inflation data came in line with expectations, leaving traders confident in the likelihood of a Federal Reserve interest rate cut next week. The Consumer Price Index rose 2.7% year-over-year in November, slightly above October's 2.6%...

Inflationary pressures intensified as expected in November, but the trend is beginning to show signs of stickiness, posing fresh challenges to the Federal Reserve’s 2% target after months of disinflation. The Consumer Price Index rose by 2.7% year-over-year in November 2024, exceeding October...

Editor’s note: This story has been updated to remove a sentence that was erroneously included. The November Consumer Price Index, released at 8:30 a.m. ET Wednesday, could deliver the final piece of the puzzle for the Federal Reserve’s much-anticipated Dec. 18 meeting. Markets are...

October's Consumer Price Index rose from 2.4% in September to 2.6% in October, in line with economist predictions. Here's a look at what experts expect from the Federal Reserve in the months ahead.  Experts Weigh In: Minneapolis Fed President Neel Kaskari appeared on Bloomberg TV following the CPI...

Editor’s note: This story has been updated with additional details. After six consecutive months of easing, the annual inflation rate, as measured by the Consumer Price Index (CPI), reversed course in October, climbing to 2.6% as expected. This outcome casts doubt on the disinflationary...

U.S. stocks could open on a negative note on Wednesday after the averages scaled record highs last week. Futures of all three major indices were slightly down as investors await the crucial Consumer Price Index (CPI) print scheduled to be released on Wednesday. Nasdaq, S&P 500, and Dow Jones...

Major U.S. equity indices edged lower on Thursday following a hotter-than-expected Consumer Price Index (CPI) inflation report for September and as oil prices spiked, driven by fuel disruptions caused by Hurricane Milton and rising tensions in the Middle East. The S&P 500 slipped 0.2% from its...

A stronger-than-expected September Consumer Price Index (CPI) report has not shifted the overall market narrative of continued disinflation, nor has it altered expectations for a potential interest rate cut in November. Headline inflation came in slightly above forecasts. However economists and...

Today, we got the September Consumer Price Index (CPI) report which showed an overall increase of 2.4% for the last year and 0.2% for the month. That’s slightly below last month’s 2.5% and above expectations by 0.1%. The 0.2% monthly increase was above the 0.1% expected. The Core CPI...

A hotter-than-expected September Consumer Price Index inflation report, combined with a surprising spike in weekly jobless claims, weighed on major stock indices in early New York trading Thursday, while sparking diverging performances among sectors. Technology and consumer discretionary stocks led...

The September Consumer Price Index (CPI) report, set to be released on Thursday, Oct. 10 at 8:30 a.m. ET, will play a pivotal role in shaping the Federal Reserve's next move ahead of its Nov. 7 meeting. Economists anticipate further cooling inflation, largely driven by falling energy prices....

As most everyone knows by now, the Federal Reserve cut interest rates at their September meeting for the first time since 2020.  The size of the cut, 50 basis points (bps), which is half a percent, was a surprise, at least to LCM Capital Management.  This should have a positive impact on most...

The August Consumer Price Index (CPI) report dealt a sharp blow to hopes of swift and aggressive monetary easing by the Federal Reserve. Speculators who were eyeing steep interest rate cuts may need to temper their optimism as the Federal Open Market Committee (FOMC) meeting on Sept. 18 approaches...

Today, we got the August Consumer Price Index (CPI) report which showed an overall increase of 2.5% for the last year and 0.3% for the month. That’s below last month’s 2.9% and consistent with expectations. The 0.3% monthly increase was above the 0.2% expected, and a bigger increase...