CPI Preview
September CPI comes in at 3.7% which was above expectations. I’m updating the charts and will have a full update for subscribers this morning. Please check back – should have it done before the open.
September CPI comes in at 3.7% which was above expectations. I’m updating the charts and will have a full update for subscribers this morning. Please check back – should have it done before the open.
Overview: Today, we got the May Consumer Price Index (CPI) report. It showed an overall increase of 4.0% in the last year and .1% vs last month. The core CPI which excludes food and energy was up 5.3% for the last year and up .4% from last month. The market is encouraged by the decrease … Read more
This post originally appeared on February 13, 2023 On Friday, after the close, the US Bureau of Labor Statistics revised the December CPI number. People hoping for a Federal Reserve “pivot” to lower interest rates have been focused on the month to month CPI to get a sense of any short-term change in the direction … Read more