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The inflation data set will be a critical economic indicator ahead of the Federal Reserve's monetary policy decision on Wednesday. It's the last piece of data following a strong May jobs report ...
However, following the strong payroll report, market commentators say they're still concerned that inflation may not be completely in the rear-view — and next week's consumer price index report ...
A faster-than-expected inflation rate for January spooked the stock market on Wednesday, with rising costs for food, shelter, and energy all combining to push inflation up to 3% for the year. Core ...
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.
"With that report today, with core inflation coming down to 0.2% month over month, this gets us into that fuzzy feeling, that goldilocks scenario where we can print nonfarm payroll reports with ...
Core inflation, which excludes more volatile food and energy prices, also rose 0.4% month over month and 3.8% from a year ago in March, compared with consensus forecasts for 3.7%.
But even with that targeted approach, the consensus is that it will act as a dreaded inflation bomb. In this case, the report predicts inflation could increase by 0.6 percentage points. Fiscal Tension
Headline consumer prices rose as forecast last month. The CPI increased 2.9% over the prior year in December, an uptick from November's 2.7% annual gain in prices.The yearly increase matched ...