Category: Consumer Price Index

3.3%

The rate of inflation in May over the previous year.
Housing Costs Cool, but Remain a Source of Concern

Housing costs were up 5.4 percent in May from a year earlier, the smallest increase in more than two years. But monthly progress has slowed.
CPI Data Will Arrive Just Before the Fed Meets. Will It Be a Game Changer?

Federal Reserve officials are poised to announce their rate decision and economic projections mere hours after the latest inflation release.
CPI Data Will Arrive Just Before the Fed Meets. Will It Be a Game Changer?

Federal Reserve officials are poised to announce their rate decision and economic projections mere hours after the latest inflation release.
Fed Is in No Rush to Cut Rates as Economy Holds Up

Federal Reserve officials are expected to leave interest rates unchanged at their meeting this week. They will also release a fresh set of economic projections.
Inflation Data Could Show Signs of Progress After Disappointing Run

The Consumer Price Index, which will be released on Wednesday morning, could show price gains moderated a bit in April.
Inside the Rent Inflation Measure That Economics Nerds Love to Hate

The Consumer Price Index inflation measure accounts for housing costs in a complicated way. There are reasons for it.
What Forecasters Say About Interest Rates (and Why They Disagree)

Hopes for a steep drop in borrowing costs for consumers and businesses have been dashed. But some experts predict modest reductions in coming months.
Why Higher Fed Rates Are Not Totally Off the Table

Fed officials still think their next move will be to cut rates, but they are not entirely ruling out the possibility that they might have to raise them.
Powell Suggests Interest Rates Could Stay High for a Longer Period

The Fed chair, along with the central bank’s No. 2 policymaker, stressed uncertainties over job growth and the persistence of elevated inflation.
3 Facts That Help Explain a Confusing Economic Moment

The path to a “soft landing” doesn’t seem as smooth as it did four months ago. But the expectations of a year ago have been surpassed.
Biden’s Plan B on Inflation: Turn It Against Trump

Price pressures aren’t easing fast enough to guarantee the interest-rate cuts the president hoped to see by November, so his message is evolving.