Menzie Chinn’s Post

Consumer Price Index rose 0.4% on a monthly basis in March, compared with the 0.3% increase expected. It’s starting to look like interest rate cuts will be delayed into 2025.

Consumer prices rose more quickly in December, the latest sign that the Federal Reserve’s fight against inflation may have stalled. Prices continued to rise in some of the categories that matter most to consumers, including grocery and gas prices. https://nyti.ms/40xqNt6

The latest inflation data underscores the challenges both consumers and businesses are dealing with in today’s economy. For sales professionals, this means staying attuned to customer priorities, especially in essential categories like food and fuel. A good reminder of the importance of being adaptable and finding ways to deliver real value during uncertain times. #ConsumerTrends #MarketTrends #SalesStrategy #CustomerFocus

We note that consumer prices have not fallen in a single month since President Biden's term began (July 2022 and May 2024 was the closest with 'unchanged'), which leaves overall prices up over 19.5% since Bidenomics was unleashed (compares with +8% during Trump's term). And prices have never been more expensive... That is an average of 5.4% per annum (almost triple the 1.9% average per annum rise in price during President Trump's term).

US consumer prices increase as expected in July U.S. consumer prices rebounded as expected in July, but the trend remained consistent with subsiding inflation and did not change expectations that the Federal Reserve will cut interest rates next month. https://lnkd.in/egrAxbPu

US consumer prices continued to rise in November as the so-called core consumer price index increased 0.3% for a fourth straight month and rose 3.3% from a year ago. Michael McKee reports https://trib.al/bCvJNSj  

September's Consumer Price Index (CPI) came in hotter than expected as prices rose 0.2% from August and 2.4% from a year ago. Here's a look at the 12-month change in price of the tracked categories. https://yhoo.it/3Nn6dUY

Daily Update 12-11-2024 Consumer prices climbed 2.7% last month New inflation data released on Wednesday revealed that consumer prices in November rose as expected, reinforcing projections for another Federal Reserve interest rate cut in December. According to the Bureau of Labor Statistics, the Consumer Price Index (CPI) increased 2.7% year-over-year in November, slightly higher than October's 2.6% annual rise and in line with economist predictions. Month-over-month, prices rose 0.3%, surpassing October’s 0.2% increase and marking the largest monthly gain since April after four months of 0.2% rises. Core CPI, which excludes food and energy, increased 0.3% for the month, consistent with October, and climbed 3.3% year-over-year for the fourth consecutive month. Paul Ashworth, Chief North America Economist at Capital Economics, noted that the persistently high core inflation, driven by rising costs in shelter, insurance, medical care, and used cars, is concerning but unlikely to deter the Fed from implementing a 25-basis-point rate cut at the upcoming meeting. Despite the gradual cooling of inflation, it remains above the Federal Reserve's 2% target. This Week's Major U.S. Economic Reports & Fed Speakers, today Wednesday December 11, 2024: Consumer price index-Nov.; CPI year over year; Core CPI-Nov.; Core CPI-year over year; And Monthly U.S. federal budget REMEMBER: Bond trading typically impacts the yield on the 10-yr treasury as mortgage rates are tied to the yield. If bond prices increase, yields and rates decrease. If bond prices decrease, yields and rates increase. 10-yr Treasury yield = 4.211% Avg Conv 30-yr fixed rate = 6.78%

Consumer Prices are Down!!! US consumer prices did something in June that they haven’t done since the early part of the pandemic: They fell. Consumer prices dropped 0.1% on a monthly basis, helping to bring the annual rate of inflation to 3% from 3.3% in May, according to the Bureau of Labor Statistics’ latest Consumer Price Index report. Falling gas prices as well as a drop in new and used car prices helped to usher in the first month-on-month decline since May 2020, BLS data showed. On an annual basis, consumer prices are increasing at their slowest pace since June 2023, matching the lowest annual rate since early 2021. #consumerprices #inflation #bureauoflabor

An increase in the Consumer Price Index (CPI) signals rising prices for goods and services, impacting consumers, businesses, and investors alike. Core CPI increased 3.8% last month, indicating a rising inflation and thus a decrease in purchasing power. In such economic climates, it's crucial to exercise prudence and wise judgment when managing your finances. #inflation #smartdecisionswithmoney