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Consumer prices rose at the slowest pace since April 2021 as inflation showed further ... The energy index decreased 11.7% for the 12 months ending in May, while the food index increased 6.7% over ...
Consumer prices rose 2.9% in December compared to a year ago, ticking up from the previous month and extending a resurgent bout of inflation just days before President-elect Donald Trump takes office.
Indeed, inflation, which was on a downward trajectory, has picked up its pace once again — standing at 3.5%, according to the latest consumer price index (CPI) data released April 10.
After a hot December jobs report pared back investor's hopes for interest rate cuts in 2025, two key inflation readings will add to the discussion in the week ahead.
Fresh data within these reports will provide additional insights into the health of the economy after last week's jobs report that showed a slowdown in hiring, with employers adding 143,000 new ...
The week's biggest economic data point will come with markets closed on Friday. Economists expect that "core" PCE inflation rose 0.3% over the prior month in February and 2.8% over the prior year.
Weekly calendar Monday. Economic data: Dallas Fed Manufacturing Activity (-16 expected, -19.2 previously); New home sales, October (723,000 annualized rate expected, 759,000 previously); New home ...
Economic data: MBA Mortgage Applications, week ending January 19 (+10.4% prior); S&P Global US Manufacturing PMI, January preliminary (47.6 expected, 47.9 prior); S&P Global US Services PMI ...