PPI

Despite a pair of unexpectedly high inflation reports last week, Goldman Sachs analysts Spencer Hill,CFA and Ronnie Walker maintain their outlook for a steady return to the Federal Reserve’s 2% inflation target and anticipate rate cuts as early as the first half of this year. In a note shared...

The S&P 500 and Nasdaq 100 both halted their five-week winning streak on Friday, prompted by two inflation reports that were hotter than expected, giving fuel to concerns the Federal Reserve might delay interest rate cuts. Earlier in the week, the Consumer Price Index report revealed an annual...

To gain an edge, this is what you need to know today. Hotter Inflation Please click here for a chart of Applied Materials, Inc. (NASDAQ: AMAT). Note the following: The Morning Capsule is about the big picture, not an individual stock. The chart of AMAT stock is being used to illustrate the...

Price pressures faced by U.S. producers rose more than expected in January, stoking concerns after a stronger-than-expected consumer price index earlier in the week. These developments led traders to adjust their expectations regarding Federal Reserve rate cuts in 2024. In January, Producer Price...

Price pressures on goods and services bought by U.S. producers softened again in December, more than what economists expected. The Producer Price Index (PPI) was 1% higher in December 2023 compared to the previous year, although missing the 1.3% predicted by the economist consensus. This...

October witnessed a greater-than-anticipated drop in inflation, with significant declines in both the Consumer Price Index (CPI) and Producer Price Index (PPI). The CPI index declined from a 3.7% annual rate in September to a 3.2% in October, missing the expected 3.3% forecasted by economists. The...

The economic landscape is experiencing a notable shift following the summer rebound, as evidenced by the latest data released Wednesday. The Producer Price Index (PPI), a key indicator of wholesale prices, recorded a stronger-than-predicted decline, while retail sales figures showed a contraction...

To gain an edge, this is what you need to know today. Hotter Consumer Inflation Please click here for a chart of SPDR S&P 500 ETF Trust (ARCA:SPY) which represents the benchmark stock market index S&P 500 (SPX). Note the following: The chart shows that the stock market ran up...

The Producer Price Index (PPI) has once again defied expectations by surging upwards. The trajectory signals a resurgence in price pressures and further fuels the ongoing battle against inflation through interest rate hikes. Surprisingly, initial market reactions suggest that investors are not...

Price pressures on U.S. producers continue to rise, surpassing expectations. In September, the Producer Price Index (PPI) increased by 0.5% month-on-month, according to data released Wednesday by the Bureau of Labor Statistics, slowing down from the more robust 0.7% increase observed in August, but...

The U.S. economy is witnessing a revival of inflationary concerns as producer inflation takes a leap, signaling that the era of widespread price declines may be a thing of the past. According to the latest report from the U.S. Bureau of Labor Statistics (BLS), the Producer Price Index (PPI)...

As we approach the tail-end of 2Q company earnings, the market turned back to focusing on more macro issues, and was immediately “rewarded” by lots of not-so-good news. In this week’s 5 Things, we’ll cover: CPI rose and Core CPI remains sticky. Will the index continue to...

The broad market SPDR S&P 500 ETF Trust (NYSE:SPY) pushed lower on Friday following the Bureau of Labor Statistics release of the latest Producer Price Index data. Here’s what you need to know about the numbers and what leading economists are saying about the market-moving data. PPI, By...

The U.S. economy faces renewed concerns about inflation as the Producer Price Index (PPI) for final demand has shown an unexpected surge in July, outpacing market expectations. Producer Inflation Rebounds The PPI recorded a 0.8% annual rise, bouncing back from a revised higher 0.2% in June and...

In the grand stage of economic ups and downs, there’s a saying that echoes like a mantra: “The last mile is the toughest.” This adage, it seems, finds a perfect resonance when it comes to understanding the inflation dynamics in the U.S. After the twist in July’s consumer...