24.2 C
Toronto
Fri | Jun 21-2024 | 3:51 pm EDT
Home Tags US Inflation

Tag: US Inflation

US PCE inflation holds at 2.7% in April as market expected

US PCE inflation held at 2.7% YoY in April 2024 while core inflation maintained its pace at 2.8% for the third months,

US core CPI rises 3.6% as expected

US CPI rose 3.35% in the year to April, as expected by analysts. Meanwhile, core CPI, which strips out prices of food and energy, increased 3.61%, also as market expected.

US Core CPI rises 3.9% in January

Core CPI: 3.86% YoY (Dec: 3.93%) | 0.39% MoM (0.28%)

US CPI inflation rebounds in Dec to 3.4%

Core CPI inflation continues to decelerate to 3.93%

Early signs of inflation expectation de-anchoring back in 2021

Ricardo Reis, economics professor at the London School of Economics, explained that there were telling signs that the increase in cost of living started ealry-2021 was not a "transitory" phenomenon.

US PCE inflation slows further in March with looming recession concern

US PCE price index decelerated further in March with the year over year rate dropped to merely 4.2%, down from 5.1% in February.

US CPI decelerates further in March to close 2 year low

Consumer price index grew for March 5% over the past year, reaching the lowest level since May 2021. Nonetheless, Core CPI recorded a 5.6% increase, up from 5.5% in February.

US inflation eases further in February as energy prices drop, PCE index shows

Inflation in the US showed further signs of easing as the yearly growth of core PCE price index slowed to 4.6% in February, while the headline number increased by 5%.

Fed-preferred PCE price index accelerated in January

Core PCE inflation rose 4.7% in January YoY, beating expectation of 4.4% increase. The Fed-preferred price index rose 0.6% MoM compared to the market expectation of 0.5%.
Federal Open Market Committee (FOMC) participants gather at the William McChesney Martin Jr. Building in Washington, D.C., for a two-day meeting held on June 14-15, 2022

The sizes of Sept rate hike to be decided on upcoming data, Fed officials...

Ahead of Jay Powell's keynote speech in Jackson Hole on Friday, two Fed officials said more rate hikes are still warranted, but they said it's too early to decide on the size rate increase yet.

Global Economy