CPI

'We haven't seen a spike in food inflation yet': Food prices haven't risen so steeply since 1979, with basic groceries up nearly 40%

‘We haven’t seen a spike in food inflation yet’: Food prices haven’t risen so steeply since 1979, with basic groceries up nearly 40%

Food prices continued to rise in August, putting pressure on low- and middle-income households in particular. The cost of food for home preparation rose 13.5% from August 2021, the highest growth rate since March 1979, according to government data. The annual rise in the US consumer price index was 8.3% in August. Overall, food was …

‘We haven’t seen a spike in food inflation yet’: Food prices haven’t risen so steeply since 1979, with basic groceries up nearly 40% Read More »

'We haven't seen a spike in food inflation yet': Food prices haven't risen so steeply since 1979, with basic groceries up nearly 40%

‘We haven’t seen a spike in food inflation yet’: Food prices haven’t risen so steeply since 1979, with basic groceries up nearly 40%

Food prices continued to rise in August, putting pressure on low- and middle-income households in particular. The cost of food for home preparation rose 13.5% from August 2021, the highest growth rate since March 1979, according to government data. The annual rise in the US consumer price index was 8.3% in August. Overall, food was …

‘We haven’t seen a spike in food inflation yet’: Food prices haven’t risen so steeply since 1979, with basic groceries up nearly 40% Read More »

US inflation rebounds in August, CPI shows, despite falling gasoline prices

US inflation rebounds in August, CPI shows, despite falling gasoline prices

Numbers: Lower gasoline prices generated a second straight decline in inflation in the United States, with the consumer price index only rising 0.1% in August. But the report also showed that inflation has spread more widely through the economy and should prompt the Federal Reserve to raise interest rates sharply again. Economists polled by the …

US inflation rebounds in August, CPI shows, despite falling gasoline prices Read More »

Stock market news live updates: Stock futures rise with all eyes on CPI print

Stock market news live updates: Stock futures rise with all eyes on CPI print

U.S. stock futures rose on Tuesday as investors braced for a much-anticipated inflation reading. Futures tied to the S&P 500, the Dow Jones Industrial Average and the technology-heavy Nasdaq Composite each gained about 0.4% in premarket trading. The Bureau of Labor Statistics is scheduled to release its August consumer price index (CPI) at 8:30 a.m. …

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Futures contracts: what to do before the CPI inflation rate data

Futures contracts: what to do before the CPI inflation rate data

Dow Jones futures were higher after Monday’s stock market rally ahead of Tuesday’s key inflation reading, the Labor Department’s Consumer Price Index, or CPI. Apple stock made a bullish move on Monday, decisively retracing its 200-day long-term line. X stock market today On Monday, the Dow Jones Industrial Average advanced 0.7%, while the S&P 500 …

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Markets brace for key inflation data next week.  Analysts say they expect a "reflex" gain if the CPI falls, but don't bet on the Fed to pivot at its next meeting.

Markets brace for key inflation data next week. Analysts say they expect a “reflex” gain if the CPI falls, but don’t bet on the Fed to pivot at its next meeting.

Cooling inflation in August could fuel hopes that the Fed will scale back its next rate hike. Headline inflation could ease to a still-warm 8.1%, and equities could rebound if below. But the Fed still has a long way to go to bring inflation back to the 2% target. Loading Something is loading. The upcoming …

Markets brace for key inflation data next week. Analysts say they expect a “reflex” gain if the CPI falls, but don’t bet on the Fed to pivot at its next meeting. Read More »