Inflation Rate

Fed Chair Jerome Powell stated Tuesday that progress towards the 2% inflation target has recently stalled, prompting the Federal Reserve to prefer holding rates and delaying policy easing to a more appropriate time in the future. Powell acknowledged that the U.S. economy has been notably robust...

Volatility stormed back into the markets, shaking things up in a week where inflation defiantly outstripped estimates for the third straight month in March, leading investors to substantially slash their expectations for Federal Reserve interest rate cuts. Geopolitical tensions in the Middle East...

American producers experienced a surge in price pressures last month, yet the increase was slightly below economist expectations, calming market concerns that spiked after a higher-than-anticipated consumer price inflation report on Wednesday. The Producer Price Index (PPI) climbed from 1.6% in...

Minutes from the latest Federal Open Market Committee (FOMC) meeting in March underscore escalating uncertainties regarding the future of inflation among various Fed members, intensifying concerns about interest rates on a day marked by another unforeseen uptick in the consumer price index. March...

A fresh unexpected surge in inflation blindsided markets, shattering hopes for imminent Fed rate cuts and sending stocks down across the board. In March 2024, the annual Consumer Price Index (CPI) inflation rate surged to 3.5%, up from February’s 3.2%, surpassing expectations set at 3.4%....

Inflation flares up once more, scorching investors’ confidence and dashing hopes of imminent rate cuts as the latest Consumer Price Index (CPI) report surpasses expectations in March. While the headline annual inflation rate unexpectedly surges from 3.2% to 3.5%, primarily driven by...

Investors’ eyes are eagerly fixed on the March inflation data set to be released by the Bureau of Labor Statistics on Wednesday. According to the consensus among economists, the annual Consumer Price Index (CPI) inflation rate for March is expected to rise to 3.4%, up from the previous 3.2%,...

This week’s market spotlight is squarely fixed on the eagerly awaited Consumer Price Index (CPI) report for March, scheduled for release on Wednesday at 8:30 a.m. EST. Following two consecutive months of higher-than-expected inflation reports, which have tempered market expectations for...

U.S. manufacturing activity exceeded expectations in March 2024, achieving its fastest growth rate since September 2022. This has triggered an immediate rebound of the dollar, driven by a shift in expectations regarding interest rates, as traders now anticipate stronger economic data, potentially...

Investors are gearing up for the release of February’s Personal Consumption Expenditure (PCE) price index, the most anticipated economic data this week, set to drop at 08:30 AM on Friday. This inflation metric – the preferred one by the Federal Reserve – plays a crucial role in shaping...

Former U.S. Treasury Secretary Lawrence Summers has openly criticized the Federal Reserve’s indications of potential interest rate cuts in the near future, questioning the urgency of such decisions in light of a robust economy and persistent inflation concerns. During an appearance on...

The Federal Open Market Committee (FOMC) meeting is the pivotal event for the markets this week, possibly even the most crucial one of the entire first quarter of 2024. While the customary policy-meeting statement, set to be released at 2 p.m. on Wednesday, is expected to confirm a steady rate...

Investors are on the edge as the Federal Open Market Committee (FOMC) prepares for its pivotal meeting this Tuesday and Wednesday, marking the most significant market event of the first quarter of 2024. With the rate decision anticipated to hold steady, all eyes are intensely focused on the so-...

An inflation report showing higher-than-anticipated figures in February 2024, following a similarly hot January report, failed to unsettle investors on Tuesday morning trading. The consumer price index (CPI) for February rose by 3.2% compared to the previous year, slightly exceeding both prior...

The upcoming release of the U.S. Consumer Price Index (CPI) for February is poised to grab the market’s spotlight on Tuesday (March 12). This marks the final crucial piece of inflation data ahead of the Federal Reserve’s crucial rate-setting meeting scheduled for March 21, during which...