The Consumer Price Index (CPI) is used as a chief barometer of inflation. But what is it and how is it calculated? CNBC Select explains below and recommends some cards that could help put money ...
Consumer Price Index showed an acceleration to 2.9%, the highest rate since July. With such high inflation, the Fed is ...
This coming week we get two pieces of inflation data with the Producer Price Index (PPI) released Tuesday before the market open, followed by the Consumer Price Index (CPI) coming out Wednesday ...
You may have otherwise heard of the consumer price index (CPI) to gauge inflation, but PCE captures a wider scope and better reflects the change in consumers' spending habits when accounting for ...
This contradicts months of claims from Jerome Powell who has insisted that price inflation was rapidly returning to the Fed's ...
Inflation rose 2.9% on an annual basis in December, with the latest Consumer Price Index illustrating the Federal Reserve's challenge in battling stickier-than-expected price increases.
An inflation spike has hit over the last two years or so, with the CPI rate peaking in October 2022 at 11.1 per cent. Rising inflation means the rate of increase in the cost of living is increasing.
Federal-funds futures on Wednesday were pointing to the Federal Reserve keeping its benchmark interest rate at the current level potentially until June, as traders assessed data showing that core U.S.
This contradicts months of claims from Jerome Powell who has insisted that price inflation was rapidly returning to the Fed's ...