What kept prices rising faster than expected in January? Stubborn inflation causes Dow to dive 700 points - here are the items that rose (and fell) the most over the past year
1 year, 1 month ago

What kept prices rising faster than expected in January? Stubborn inflation causes Dow to dive 700 points - here are the items that rose (and fell) the most over the past year

Daily Mail  

Annual inflation was 3.1 percent in January - above the 2.9 percent figure predicted by economists and investors. Annual inflation was 3.1 percent in January, which was a decrease from 3.4 percent in December but still 0.2 percent higher than expected The inflation figure plays a big part in the whether the Federal Reserve will cut interest rates soon rather than later. 'The headline year-over-year increase came in at 3.1 percent, better than December's 3.4 percent, while the core remained at 3.9 percent, in other words, not close to where the Fed wants to be,' said Mark Hamrick, senior economic analyst at Bankrate. Several Fed officials, including chairman Jerome Powell, said last week they want to see more evidence that inflation will continue to decline before cutting rates.

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History of this topic

Federal Reserve sees tariffs raising inflation this year, keeps key rate unchanged
5 hours, 17 minutes ago

Federal Reserve sees tariffs raising inflation this year, keeps key rate unchanged

Hindustan Times  

WASHINGTON — The Federal Reserve kept its benchmark interest rate unchanged Wednesday and signaled that it still expects to cut rates twice this year even as it sees inflation staying stubbornly elevated. Federal Reserve sees tariffs raising inflation this year, keeps key rate unchanged The Fed also now expects the economy to grow more slowly this year and next than …

US consumer price growth slows in February, but Trump tariffs expected to boost inflation in coming months
1 week ago

US consumer price growth slows in February, but Trump tariffs expected to boost inflation in coming months

Hindustan Times  

U.S. consumer prices increased less than expected in February, but the improvement is likely temporary against the backdrop of aggressive tariffs on imports that are expected to raise the costs of most goods in the months ahead. The consumer price index rose 0.2% last month after accelerating 0.5% in January, the Labor Department's Bureau of Labor Statistics said on Wednesday. …

US inflation cooled in February, but Trump’s tariff plans and trade war loom
1 week, 1 day ago

US inflation cooled in February, but Trump’s tariff plans and trade war loom

CNN  

CNN — Inflation slowed more than expected in February and cooled for the first time in four months, but that progress may be short lived as President Donald Trump ramps up his trade war, which threatens to increase prices for Americans. February’s inflation numbers came in better than expected thanks in part to two big — and very welcome — …

Wall Street opens higher as softer inflation data boosts investor confidence
1 week, 1 day ago

Wall Street opens higher as softer inflation data boosts investor confidence

India Today  

Wall Street indices opened higher on Wednesday after the February's Consumer Price Index report came cooler than expected. Other stocks which opened on a red note included Mettler-Toledo International Inc., Brown-Forman Corp. Cl B, Verizon Communications Inc. and Regeneron Pharmaceuticals Inc. Kim Forrest, chief investment officer at Bokeh Capital Partners, told Reuters, "This data is pointing in the right direction …

Retail inflation likely eased further to 3.9% in February: Mint poll
1 week, 2 days ago

Retail inflation likely eased further to 3.9% in February: Mint poll

Live Mint  

India's retail inflation likely eased further to 3.9% in February from 4.3% in the previous month, driven by a continued decline in food prices, according to a Mint poll of 25 economists. "The reversal of spikes in volatile food items and fading of one-off shocks such as in edible oil prices suggests a continued fall in headline inflation, which is …

Retail inflation likely fell below 4% in February: Report
Trending News
1 week, 3 days ago

Retail inflation likely fell below 4% in February: Report

India Today  

India's February consumer inflation likely eased below the Reserve Bank of India's medium-term target of 4.0% for the first time in six months on moderating food price rises, a Reuters poll showed, bolstering expectations of interest rate cuts. As fresh winter produce hit markets over the past few months, food items - which make up nearly half of the inflation …

Dow tumbles more than 700 points as inflation and tariff fears mount
3 weeks, 6 days ago

Dow tumbles more than 700 points as inflation and tariff fears mount

CNN  

CNN — US stock markets fell sharply Friday after an economic report showed American consumers are growing increasingly fearful of price increases and how President Donald Trump’s tariffs could reignite the inflation crisis. The University of Michigan’s latest survey, released Friday, showed that US consumer sentiment declined in February for the second consecutive month, according to a final reading, down …

Where inflation accelerated in January – and where it eased
1 month ago

Where inflation accelerated in January – and where it eased

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Inflation accelerated for many household groceries, including coffee, which …

Wall Street today: US stocks snap three-day losing streak, Treasury yields fall after inflation data; Tesla up 6%
1 month ago

Wall Street today: US stocks snap three-day losing streak, Treasury yields fall after inflation data; Tesla up 6%

Live Mint  

Wall Street Today: A gauge of global stocks climbed on Thursday for the first time in three sessions while U.S. Treasury yields dipped as an inflation reading fueled expectations the Federal Reserve's preferred measure of prices might be cooler than anticipated. But components of the PPI data that are part of the personal consumption expenditures, which Fed Chair Jerome Powell …

U.S. consumer inflation unexpectedly up, Trump blames Biden
Trending News
1 month, 1 week ago

U.S. consumer inflation unexpectedly up, Trump blames Biden

Raw Story  

by Daniel AVIS U.S. consumer inflation unexpectedly accelerated last month, data showed Wednesday, in a moment of potential political peril for President Donald Trump, who quickly blamed the uptick on his predecessor Joe Biden. "The jump in consumer prices in January supports our view that the Fed will hold rates steady at least through of this year," Nationwide chief economist …

Wall Street Today: Dow Jones drops 400 points as US Inflation rises 50 bps to 3% YoY, dimming hopes for Fed rate cuts
1 month, 1 week ago

Wall Street Today: Dow Jones drops 400 points as US Inflation rises 50 bps to 3% YoY, dimming hopes for Fed rate cuts

Live Mint  

Wall Street Today: Stock market for the United States opened lower on Wednesday, February 12, after investors' hope of a US Federal Reserve rate cut disappeared after the US Bureau of Labor Statistics posted a higher than expected inflation data for January 2025. The US Consumer Price Index rose 0.5 per cent or 50 basis points to 3 per cent …

Did prices jump in January? Inflation report will provide latest update on consumer costs
1 month, 1 week ago

Did prices jump in January? Inflation report will provide latest update on consumer costs

Associated Press  

WASHINGTON — Inflation likely stayed elevated last month in the latest sign that consumer price growth has gotten stuck after declining for much of last year. Wednesday’s inflation report will be closely watched to see if a recent trend that has bedeviled the inflation-fighters at the Federal Reserve will continue: In January 2024, prices jumped sharply in part because many …

Inflation soars in January, hampering plans for rate cuts
1 month, 1 week ago

Inflation soars in January, hampering plans for rate cuts

Salon  

Inflation in the United States suddenly rose in January, in a turn of events one Federal Reserve Bank president called "sobering." The latest update showed that inflation rose to 3 percent in January — a leap of 0.5% and the fastest monthly increase since August 2023 — after many common household goods soared in price. Austan Goolsbee, president of the …

U.S. inflation worsened last month as the cost of groceries and gas moved higher
1 month, 1 week ago

U.S. inflation worsened last month as the cost of groceries and gas moved higher

LA Times  

The cost of a carton of eggs at a Safeway in Seattle topped $13 in January. U.S. inflation accelerated last month as the cost of groceries, gas and used cars rose, a disappointment for families and businesses struggling with higher costs and likely underscoring the Federal Reserve’s resolve to delay any further interest rate cuts. President Trump pledged to reduce …

US inflation rises to 3% in January, delaying Fed rate cuts
1 month, 1 week ago

US inflation rises to 3% in January, delaying Fed rate cuts

India Today  

WASHINGTON: U.S. inflation accelerated last month as the cost of groceries, gasoline and rents rose, a disappointment for families and businesses struggling with higher costs and likely underscoring the Federal Reserve’s resolve to delay further interest rate cuts. “This just extends the Fed’s hold.” Inflation often jumps in January as many companies raise their prices at the beginning of the …

Wall Street today: US Stocks surge on in-line inflation data, Apple gains 2.2%
1 month, 2 weeks ago

Wall Street today: US Stocks surge on in-line inflation data, Apple gains 2.2%

Live Mint  

Wall Street stocks surged on Friday, led by gains in Apple following its upbeat results and on an in-line Federal Reserve-preferred inflation. ET, the Dow Jones Industrial Average rose 115.92 points, or 0.26 per cent, to 44,998.05, the S&P 500 gained 25.98 points, or 0.43 per cent, to 6,097.15, and the Nasdaq Composite gained 160.80 points, or 0.82 per cent, …

US inflation is lingering and tariffs threatened by Trump could nudge prices in wrong direction
1 month, 2 weeks ago

US inflation is lingering and tariffs threatened by Trump could nudge prices in wrong direction

Associated Press  

WASHINGTON — An inflation gauge closely watched by the Federal Reserve rose slightly last month, while some underlying prices pressures showed signs of easing. When measured in shorter time frames, inflation is slowing: In December, core prices ticked up 0.2% from the previous month, a pace that is nearly consistent with the Fed’s annual target. But the Fed’s preferred gauge …

U.S. inflation is lingering and tariffs threatened by Trump could nudge prices in wrong direction
1 month, 2 weeks ago

U.S. inflation is lingering and tariffs threatened by Trump could nudge prices in wrong direction

LA Times  

An inflation gauge closely watched by the Federal Reserve rose slightly last month, while some underlying price pressures showed signs of easing. Friday’s report from the Commerce Department showed that consumer prices rose 2.6% in December from a year earlier, up from a 2.4% annual pace in November and the third straight increase. When measured in shorter time frames, inflation …

Examples of where inflation eased last month – and where it accelerated
Trending News
2 months ago

Examples of where inflation eased last month – and where it accelerated

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Inflation also slowed for the cost of hotels and …

U.S. inflation picked up in December, though underlying price pressures ease slightly
2 months ago

U.S. inflation picked up in December, though underlying price pressures ease slightly

LA Times  

A shopper in a grocery store in San Francisco. U.S. inflation picked up last month as prices rose for gas, eggs, and used cars, yet underlying price pressures also showed signs of easing a bit. Many economists and investors are worried that inflation has gotten stuck above the Fed’s 2% target, after a steady decline in prices in 2023 and …

CPI report: US stocks surge after latest inflation report shows progress on price hikes
2 months ago

CPI report: US stocks surge after latest inflation report shows progress on price hikes

CNN  

CNN — Recently, progress on inflation appeared to be stuck or, at worst, reversing: A closely watched gauge of underlying price hikes — an index that excludes highly volatile categories — hadn’t budged for months. The closely watched core measurement of the Consumer Price Index slowed for the first time in months, according to Bureau of Labor Statistics data released …

Wholesale inflation hits a two-month high in December but don’t just blame food
Trending News
2 months ago

Wholesale inflation hits a two-month high in December but don’t just blame food

Live Mint  

New Delhi: India’s wholesale price index-based inflation climbed to a two-month high of 2.37% year-on-year in December, according to the provisional data released by the Ministry of Commerce and Industry on Tuesday. While overall food inflation slowed in December from the previous month, the prices of onion, fruits, eggs, meat and fish rose at a higher pace during the month …

Core Inflation Dips to 5.22 Percent in Dec Amid Falling Food Prices
Trending News
2 months ago

Core Inflation Dips to 5.22 Percent in Dec Amid Falling Food Prices

Deccan Chronicle  

New Delhi: Bringing the Reserve Bank of India’s tolerance band back to the limit of 2- 6 per cent, India’s headline retail inflation rate, measured by the consumer price index or CPI, for December stood at 5.22 per cent, dipping marginally from 5.48 per cent in November, while the November’s CPI also fell from a 14-month high of 6.21 per …

China's CPI up 0.1% in December
2 months, 1 week ago

China's CPI up 0.1% in December

China Daily  

By Ouyang Shijia | chinadaily.com.cn | Updated: 2025-01-09 09:30 China's consumer prices increased modestly in December while factory-gate prices saw a slowdown in annual declines, official data showed on Thursday. The country's consumer price index, a main gauge of inflation, rose by 0.1 percent year-on-year in December after a 0.2 percent rise in November, the National Bureau of Statistics said. …

Dollar rebounds from inflation data drop, euro dips
2 months, 3 weeks ago

Dollar rebounds from inflation data drop, euro dips

Live Mint  

By Chuck Mikolajczak NEW YORK -The dollar rebounded while the euro dipped on Monday, as market moves were being dictated by recent global central bank meetings that set expectations for diverging rate cut paths next year. "The key for the dollar right now is the policy divergence, and Powell going from more worried about unemployment than inflation, and then the …

US Fed’s preferred inflation yardstick edges higher by 2.4% in November, stays within Wall Street estimates
2 months, 3 weeks ago

US Fed’s preferred inflation yardstick edges higher by 2.4% in November, stays within Wall Street estimates

Live Mint  

The US Federal Reserve's preferred inflation measure rose for a second straight month in November by 2.4 per cent, yet stayed within Wall Street estimates. The US Commerce Department's data showed on Friday that the personal consumption expenditures price index rose 2.4 per cent year-on-year in the 12 months to November, up from 2.3 per cent in October. At 2.4 …

Federal Reserve’s preferred inflation gauge shows price pressures eased last month
2 months, 3 weeks ago

Federal Reserve’s preferred inflation gauge shows price pressures eased last month

Associated Press  

WASHINGTON — An inflation gauge that is closely watched by the Federal Reserve barely rose last month in a sign that price pressures cooled after two months of sharp gains. The modest monthly inflation figures in Friday’s report point to one likely reason why the Fed was willing to cut its benchmark interest rate Wednesday: Its preferred inflation gauge, known …

Federal Reserve’s preferred inflation gauge shows price pressures eased last month
3 months ago

Federal Reserve’s preferred inflation gauge shows price pressures eased last month

LA Times  

An inflation gauge that is closely watched by the Federal Reserve barely rose last month in a sign that price pressures cooled after two months of sharp gains. The modest monthly inflation figures in Friday’s report point to one likely reason why the Fed was willing to cut its benchmark interest rate Wednesday: Its preferred inflation gauge, known as the …

Wall Street today: Dow rebounds 200 points after US Fed’s hawkish cut, set to snap 10-day decline; Accenture up 6.5%
3 months ago

Wall Street today: Dow rebounds 200 points after US Fed’s hawkish cut, set to snap 10-day decline; Accenture up 6.5%

Live Mint  

Wall Street Today: Wall Street's main indexes rebounded to gain some ground on Thursday, December 19, a day after the US Federal Reserve's projections of fewer-than-expected interest rate cuts and higher inflation in 2025 spooked investors and pummeled US stocks. The S&P 500 rose 0.4 per cent in morning trading, a day after tumbling 2.9 per cent when the US …

Markets tank as Fed slashes rate despite inflation fears: Longest losing streak since 1974
3 months ago

Markets tank as Fed slashes rate despite inflation fears: Longest losing streak since 1974

Daily Mail  

The U.S. Federal Reserve cut interest rates again on Wednesday but signaled it will slow the pace of cuts next year, sending stocks tumbling. 'Economic activity has continued to expand at a solid pace' with an unemployment rate that 'remains low' and inflation that 'remains somewhat elevated,' the central bank's rate-setting committee said on Wednesday. The Dow also fell more …

Where inflation accelerated in November – and where it eased
3 months ago

Where inflation accelerated in November – and where it eased

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Some products swung the other way last month, from …

US wholesale inflation accelerated in November in sign that some price pressures remain elevated
3 months, 1 week ago

US wholesale inflation accelerated in November in sign that some price pressures remain elevated

Associated Press  

WASHINGTON — Wholesale costs in the United States picked up sharply last month, signaling that price pressures are still evident in the economy even though inflation has tumbled from the peak levels it hit more than two years ago. The Labor Department reported Thursday that its producer price index — which tracks inflation before it reaches consumers — rose 0.4% …

Investors shouldn’t count on much help from the Fed next year
3 months, 1 week ago

Investors shouldn’t count on much help from the Fed next year

Live Mint  

Markets seemed undisturbed by Wednesday’s inflation data, which showed consumer prices rising 2.7% in November from a year earlier, up from 2.6% in October. Despite the slowdown, jobs are still posting decent gains, and overall economic momentum remains strong, with real gross domestic product growth clocking in at an annualized 2.8% in the third quarter. But the public data already …

U.S. wholesale inflation accelerated in November, a sign that some price pressures remain
3 months, 1 week ago

U.S. wholesale inflation accelerated in November, a sign that some price pressures remain

LA Times  

Wholesale costs in the United States picked up sharply last month, signaling that price pressures are still evident in the economy even though inflation has tumbled from the peak levels it hit more than two years ago. The Labor Department reported Thursday that its producer price index — which tracks inflation before it reaches consumers — rose 0.4% last month …

US inflation ticked up last month as some price pressures remain persistent
Trending News
3 months, 1 week ago

US inflation ticked up last month as some price pressures remain persistent

Associated Press  

WASHINGTON — Fueled by pricier used cars, hotel rooms and groceries, inflation in the United States moved slightly higher last month in the latest sign that some price pressures remain elevated. Though inflation is now way below its peak of 9.1% in June 2022, average prices are still about 20% higher than they were three years ago — a major …

U.S. inflation ticked up last month as some price pressures persist
3 months, 1 week ago

U.S. inflation ticked up last month as some price pressures persist

LA Times  

Fueled by pricier used cars, hotel rooms and groceries, inflation in the United States moved slightly higher last month in the latest sign that some price pressures remain elevated. Though inflation is now way below its peak of 9.1% in June 2022, average prices are still about 20% higher than they were three years ago — a major source of …

Inflation heated up last month as consumer prices rose 2.7%, underscoring the slog ahead
3 months, 1 week ago

Inflation heated up last month as consumer prices rose 2.7%, underscoring the slog ahead

CNN  

CNN — Inflation heated back up again in November, but it likely wasn’t bad enough to keep the Federal Reserve from cutting rates next week. “We have some PTSD around egg prices from the pandemic and certainly lingering avian flu outbreaks; but those prices being up almost 40% year over year certainly is another thing people will look at in …

Rising costs of used cars and groceries push US inflation higher in November
3 months, 1 week ago

Rising costs of used cars and groceries push US inflation higher in November

India Today  

WASHINGTON: Fueled by pricier used cars, hotel rooms and groceries, inflation in the United States moved slightly higher last month in the latest sign that some price pressures remain elevated. Though inflation is now way below its peak of 9.1% in June 2022, average prices are still about 20% higher than they were three years ago — a major source …

China's CPI up 0.2% in November
3 months, 1 week ago

China's CPI up 0.2% in November

China Daily  

BEIJING -- China's consumer prices steadied in November due to stronger consumer confidence, official data showed on Monday. The consumer price index, a main gauge of inflation, was up 0.2 percent year-on-year in November, according to the National Bureau of Statistics. The core CPI, which excludes food and energy prices, rose 0.3 percent from a year ago in November, up …

China's CPI up 0.2% in November
3 months, 1 week ago

China's CPI up 0.2% in November

China Daily  

BEIJING -- China's consumer prices steadied in November due to stronger consumer confidence, official data showed on Monday. The consumer price index, a main gauge of inflation, was up 0.2 percent year-on-year in November, according to the National Bureau of Statistics. The core CPI, which excludes food and energy prices, rose 0.3 percent from a year ago in November, up …

US consumer price increases accelerated last month with inflation pressures resilient
3 months, 2 weeks ago

US consumer price increases accelerated last month with inflation pressures resilient

Associated Press  

WASHINGTON — Consumer price increases accelerated last month, the latest sign that inflation’s steady decline over the past two years has stalled in recent months. According to the Federal Reserve’s preferred inflation gauge, consumer prices rose 2.3% in October from a year earlier, the Commerce Department said Wednesday. Yet excluding the volatile food and energy categories, so-called “core” prices also …

Dow hits another record as stocks continue to rise
3 months, 3 weeks ago

Dow hits another record as stocks continue to rise

LA Times  

U.S. stocks rose Monday, with those benefiting the most from lower interest rates and a stronger economy leading the way. Treasury yields also eased in the bond market amid what some analysts called a “Bessent bounce” after President-elect Donald Trump said he wants Scott Bessent, a hedge fund manager, to be his Treasury secretary. Such an approach could soothe worries …

US inflation rises 2.6% YoY in first annual acceleration since March; Wall Street sees fewer rate cuts in 2025
4 months ago

US inflation rises 2.6% YoY in first annual acceleration since March; Wall Street sees fewer rate cuts in 2025

Live Mint  

US inflation ticked higher in October 2024 amid higher costs for shelter after having slowed in September to their lowest pace since 2021, which led Wall Street to lower its bets for the US Federal Reserve's definite interest rate cuts in 2025. US consumer price index rose 2.6 per cent from a year earlier, up from 2.4 per cent in …

US inflation stays firm for third month with 0.3 percent core CPI gain
4 months ago

US inflation stays firm for third month with 0.3 percent core CPI gain

Hindustan Times  

A measure of underlying US inflation remained firm in October, underscoring the ongoing risks Federal Reserve officials face in trying to bring price pressures fully under control. The US central bank will also have to contend with a new set of policies under President-elect Donald Trump, with companies already considering raising prices in anticipation of the higher tariffs he’s promised …

US inflation may have picked up in October after months of easing
Trending News
4 months ago

US inflation may have picked up in October after months of easing

Associated Press  

WASHINGTON — Annual inflation may have risen in October for the first time in seven months, a sign that price increases might be leveling off after steadily cooling for more than two years. From September to October, core prices are expected to have risen 0.3% for a third straight month — a pace that, if sustained, would exceed the Federal …

Inflation hit a bump in October after slowing for six straight months
4 months, 1 week ago

Inflation hit a bump in October after slowing for six straight months

CNN  

CNN — The annual rate of inflation moved higher last month for the first time since March, as expected — but economists say the underlying trend remains favorable for another round of interest rate cuts. Consumer prices rose 0.2% last month and were up 2.6% from the year before, according to the latest Consumer Price Index data released Wednesday by …

U.S. inflation rose slightly last month after 2 years of steady cooling but remained low
4 months, 1 week ago

U.S. inflation rose slightly last month after 2 years of steady cooling but remained low

LA Times  

Inflation in the United States ticked up in October, driven by costlier rents, used cars and air fares, a sign that price increases might be leveling off after having slowed in September to their lowest pace since 2021. Consumer inflation, which peaked at 9.1% in 2022, has since fallen steadily, though overall prices are still about 20% higher than they …

China's consumer prices see stable growth in October
4 months, 1 week ago

China's consumer prices see stable growth in October

China Daily  

Xinhua/chinadaily.com.cn | Updated: 2024-11-09 09:38 BEIJING -- China's consumer prices reported mild increases in October as the domestic demand continued to improve amid a sustained economic recovery. The consumer price index, a main inflation gauge, was up 0.3 percent year on year in October, slightly lower than the 0.4 percent rise in September, the National Bureau of Statistics said Saturday. …

China's consumer prices see stable growth in October
4 months, 1 week ago

China's consumer prices see stable growth in October

China Daily  

BEIJING -- China's consumer prices reported mild increases in October as the domestic demand continued to improve amid a sustained economic recovery. The consumer price index, a main inflation gauge, was up 0.3 percent year on year in October, slightly lower than the 0.4 percent rise in September, the National Bureau of Statistics said Saturday. Falling energy prices dragged down …

China's consumer prices see stable growth in October
4 months, 1 week ago

China's consumer prices see stable growth in October

China Daily  

BEIJING -- China's consumer prices reported mild increases in October as the domestic demand continued to improve amid a sustained economic recovery. The consumer price index, a main inflation gauge, was up 0.3 percent year on year in October, slightly lower than the 0.4 percent rise in September, the National Bureau of Statistics said Saturday. Falling energy prices dragged down …

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