The Consumer Price Index report for January is expected to show broadly unchanged annual inflation according to nowcasts. That may be broadly good news for the Fed.
although Bank of Canada Governor Tiff Macklem had said last month that further rate cuts would be gradual. The central bank's preferred measures of core inflation, CPI-median and CPI-trim, also edged ...
according to the Labor Department’s consumer price index, a broad measure of goods and services costs. That’s the third increase following six drops and it leaves annual inflation at the ...
The annual inflation rate dropped to 1.8%, Statistics Canada said, slightly lower than expected and a tick below the prior month's 1.9%. On a month-on-month basis the consumer price index contracted ...
Tuesday will bring a reading on wholesale inflation before the more widely followed Consumer Price Index (CPI) is set for release on Wednesday morning. Updates on retail sales, inflation ...
Excluding the impact of the temporary tax break, the consumer price index was up 2.3 per cent in December. The Bank of Canada expected a cooling in inflation as result of the tax break, which is set ...
However, the return to more typical rates of inflation was expected to be highly bumpy, and that choppiness was on full display in 2024. The CPI started this past year at 3.1%, jutted higher in ...
The US Consumer Price Index (CPI-U) rose by 0.4% in December on a seasonally adjusted basis, marking an overall increase of 2.9% over the ...
Entering 2025, models from forecasting companies like Trading Economics anticipate inflation rates between 2.4% and 2.9% ...