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The United States Consumer Price Index (CPI) is a family of various consumer price indices published monthly by the United States Bureau of Labor Statistics (BLS). The most commonly used indices are the CPI-U and the CPI-W, though many alternative versions exist for different uses. For example, the CPI-U is the most popularly cited measure of ...
Wall Street economists expect headline inflation rose just 2.3% annually in September, a slowdown from the 2.5% rise seen in August. August data marked the slowest year-over-year inflation reading ...
Entering the week, data from the CME Group showed investors pricing in a ~93% chance the Fed raises rates this month and a roughly 40% chance at least two more 0.25% rate hikes are announced by ...
The unemployment rate held steady at 3.7%, a historically low level. Average hourly earnings, a closely watched indicator for inflation and a gauge of how much leverage workers have in the labor ...
The concept of core inflation as aggregate price growth excluding food and energy was introduced in a 1975 paper by Robert J. Gordon. [1] This is the definition of "core inflation" most used for political purposes. The core inflation model was subsequently developed and advocated by Otto Eckstein, in a paper published in 1981. [2]
The final Federal Reserve meeting of 2023 will highlight the week for ... 90.7 previously); Consumer Price Index, month-over ... Core CPI, month-over-month, November ...
According to Bloomberg forecasts, the headline consumer price index for September is expected to show a slight moderation on a year-over-year figure to 8.1% from 8.3% in August, but an increase to ...
Core CPI inflation is now running at its slowest pace since April 2021. The cost of owning and renting a home rose 0.4%. That so-called shelter index accounted for nearly 90% of the monthly ...