Tag: Consumer prices
What to anticipate from the release of the Fed’s favored inflation measure on Friday
Federal Reserve officials are set to receive the latest update on their preferred Inflation measure on Friday, which could impact the upcoming rate decision in September. The Commerce Department is
DetailAugust 2024 Deflation Breakdown: A Detailed Analysis in One Chart
In August, Inflation eased to its lowest level since February 2021, marking a trend known as “disinflation” where prices are still rising but at a slower pace. While there are
DetailWholesale Prices Increase by 0.2% as Expected
Wholesale prices increased in August, aligning with expectations, marking the final Inflation data point ahead of the Federal Reserve’s anticipated interest rate cut. The producer price index (PPI), a gauge
DetailKey Inflation Reports to Influence Fed’s Rate Cut Decision
The Federal Reserve will receive its final Inflation data this week before deciding on a potential interest rate cut. The Labor Department will release the consumer price index and producer
DetailCPI Inflation Report for August 2024: Key Updates and Analysis
Inflation in August reached its lowest level since February 2021, as reported by the Labor Department on Wednesday. The consumer price index rose by 0.2% for the month, aligning with
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