CPI 📈On the Rise
Consumer Price Index climbs again ahead of pivotal FED meeting. August CPI – MoM CPI: +.6% – YoY CPI: +3.7% – MoM Core CPI: +.3% – YoY Core CPI: +4.3% – CPI Energy Prices +5.6% – Food Prices +0.2% Core and Headline Inflation In August 2023, rising energy costs and related services primarily drove the […]
CPI Up, Real Earnings Down.
CPI Inches Up to 6.4%, Real Earnings Down 1.8% Today’s CPI report showed the seventh straight month, prices decreased on a yearly basis to 6.4% from 6.5%, marking the smallest increase since October 2021. However, inflation rose by 0.5% on a monthly basis, up from 0.1% in December. Used car prices and medical care […]
US Dollar Falls, While Gold, Japanese Yen, and China’s CPI Surge.
USD Falls, While Gold, Chinese CPI, Japanese Yen Surge Thursday trading saw the Dollar tumble to a nearly nine-month low against the Euro. The move comes on the after the BLS report showed US inflation was easing. Leading to speculation that the Federal Reserve will be less aggressive with rate hikes going forward. The decline […]
CPI December Decrease, Yet Remains Persistently High
CPI December Decrease, Yet Remains Persistently High December CPI Headline Inflation fell .1% comes in at 6.5% Y.O.Y. The Bureau of Labor Statistics said December showed a decrease in headline inflation fell 0.1% month over month. That was largely in line with most economist predictions. Headline number remains hot at 6.5% year over year but […]
