5 things to watch in April’s CPI report

by Genna Contino | May 14, 2024 | Consumer Price Index, Economy, Inflation

Inflation is still top of mind for many voters heading into the presidential election, despite the rate of price acceleration slowing considerably from its pandemic-era extremes. The consumer price index report, set to release Wednesday morning, will provide insight...

Five Things to Watch Out For In April’s Consumer Price Index Report

by Joseph Lingad | May 10, 2023 | Consumer Price Index, Economy, Inflation, Jobs

  The Labor Department will release April’s Consumer Price Index Wednesday–a measure of prices for goods and services–amid sticky inflation, a robust job market, and the recent banking turmoil. Bloomberg is forecasting April’s inflation will remain at 5% but see...

Inflation Cooling in February Amid Bank Turmoil and the Fed’s 2% Goal

by Joseph Lingad | Mar 22, 2023 | Consumer Price Index, Economy, Featured

Despite robust economic data suggesting the Fed raise interest rates to taper inflation, the traditional banking sector is causing it to reconsider. Inflation modestly decelerated in February but the latest figures probably won’t dissuade the Federal Reserve Board...

Dull February retail sales mark departure from January’s holiday cheer

by Divya Murthy | Mar 19, 2023 | Consumer Price Index, Economy, Featured, Retail Sales

A post-holiday hangover clouded retail sales last month as resilient but weary consumers corrected their outsize January spending, holiday discounts faded and an air of caution returned, heightened by still high prices and rising interest rates.  Retail and food...

U.S. Inflation Eased in January But Not Much

by Joseph Lingad | Mar 13, 2023 | Consumer Price Index, Economy

Inflation cooled slightly in January, but not enough for the Federal Reserve Board to reconsider its plan to continue to raise interest rates anytime soon. The consumer-price index, which measures the price change for a basket of goods and services of the average...

Retail sales rebound in January, surprising economists and marking strong start to the year

by Divya Murthy | Feb 19, 2023 | Consumer Price Index, Economy, Retail Sales

Photo by Heidi Fin on Unsplash   U.S. retail sales bounced back at the start of the year, a sign of consumers’ faith in the economy even in the face of inflationary pressures and the low-hum of recession fears: People are shopping. People are going out to eat....