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Consumer prices rose at the slowest pace since April 2021 as inflation showed further signs of cooling in May, according to the latest data from the Bureau of Labor Statistics released Tuesday ...
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 ...
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.
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%.
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. ... Gapen said the report ...
As a consequence, economists at Goldman Sachs have forecast that core inflation would amount to 2.7% by the end of 2025. Without tariffs, they estimate it would drop to 2.4%.
July CPI report: Monthly inflation falls in line with estimates, rises by 0.2% Inflation moderating, Disney earnings, Alibaba revenue: 3 Things Alexandra Canal is a Senior Reporter at Yahoo Finance.
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