Consumer Price Index

Consumer prices for computer software and accessories rose roughly 14.5% year-over-year in May, the largest annual increase in data dating back to 2000. Software and Chip Prices Hit Records The figures were reported by The Kobeissi Letter, an account on X that tracks macroeconomic data, citing the...

February's inflation report showed moderating inflation pressures in various categories of products. This could bring good news for consumer-based ETFs even though economists say risks related to tariffs have not worked their way through the economy yet. • What’s next for XLY stock...

Leading cryptocurrencies plunged alongside stocks on Wednesday, as investors await the Consumer Price Index report for hints on the Federal Reserve’s next moves. Cryptocurrency Gains +/- Price (Recorded at 8:25 p.m. ET) Bitcoin (CRYPTO: BTC) -2.01% $85,977.58 Ethereum (CRYPTO: ETH)...

Treasury Secretary Scott Bessent expressed confidence in the trajectory of the U.S. economy, citing key deflationary trends, tax policy changes, and incoming tax refunds for working Americans. The US Economy ‘Looks Great’ Commenting on the nation’s domestic economic picture,...

A family get-together for the Fourth of July holiday will cost less than the record-breaking averages seen in 2024, with inflation cooling slightly from 2024. What Happened: The average cost per person to celebrate a Fourth of July cookout is $7.09, down from a record $7.12 in 2024. The figure...

Global investment giant BlackRock has announced being “overweight” on inflation-linked bonds, signaling a strategic shift to mitigate risks stemming from “persistent inflation pressure” and growing concerns over the sustainability of U.S. government finances. What Happened:...

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...

Housing inflation is finally showing signs of easing, with the Consumer Price Index (CPI) for March posting a 4% year-over-year increase in housing costs — the slowest uptick since November 2021. Yet, buyers still grapple with steep price tags and volatile mortgage rates. Despite this cooling...

Retailers are facing selling pressure this week following warnings about continued consumer uncertainty and the potential impacts of tariffs. What To Know: Trade war fears are rising after President Donald Trump imposed 25% tariffs on imports from Canada and Mexico earlier this week. Trump also...

Wall Street staged a strong rebound on Wednesday, as mixed inflation data bolstered investor confidence in the Federal Reserve's continuation of easing cycle in 2025, easing recent market anxieties. The headline Consumer Price Index rose 2.9% year-over-year in December, up from November’s 2.7...

Consumer inflation eased slightly in December, with core CPI coming in at 3.2% on a year-over-year basis, below the 3.3% estimate. Headline CPI rose 2.9% year-over-year, in-line with expectations. The print is the latest economic data that the Federal Reserve will consider before its next interest...

Consumer inflation surged for the third straight month in December, rekindling concerns that the months-long cooling of price pressures could be over and casting doubt on the Federal Reserve’s ability to steer inflation toward its 2% target. The headline Consumer Price Index rose 2.9% year-...

Market volatility is primed to intensify this week as traders await December's Producer Price Index data on Tuesday. The Consumer Price Index report will follow on Wednesday. With Wall Street's expectations for interest rate cuts hanging by a thread, stronger-than-expected inflation data could...

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%...