Upward surprise to CPI inflation reduces odds of rapid loosening

Upward surprise to CPI inflation reduces odds of rapid loosening

VOLUME 216: WEEK ENDING SEPTEMBER 14, 2024 Higher shelter and transport services costs drove the stronger-than-expected rise in core inflation in August. Despite this, the disappointing inflation data makes it more likely that officials will be cautious about easing,...
Major Investors Return to the Market

Major Investors Return to the Market

Capital Markets U.S. Snapshot: Q2 2024 Signs of a market recovery emerged in Q2, but the start of Q3 has created uncertainty. Underlying data indicated a stronger-than-anticipated economic backdrop with advanced Q2 GDP outperforming, stock indices hitting all-time...
Upward surprise to CPI inflation reduces odds of rapid loosening

Inflation measure closely watched by the Fed

VOLUME 214: WEEK ENDING AUGUST 31, 2024 The Commerce Department reported that the Personal Consumption Expenditures (PCE) price index, the Federal Reserve’s preferred inflation measure, increased by 0.2% from the previous month. Annually, prices rose by 2.5%,...