CPI

Shoppers are lining up, waiting for the mainland sales to open, to buy expired or nearly expired foods, among other things.  With inflation near its highest level in 40 years, people increasingly need to find a way to stretch their dollars.

Inflation slowed again but remained elevated in November, CPI report shows

Inflation slowed significantly for a second month in November as prices for goods that surged during the pandemic continued to decline. Yet inflation remained high as the cost of many services continued to rise. Consumer prices rose 7.1% from a year earlier, compared with a 7.7% rise in October and a 40-year high of 9.1% …

Inflation slowed again but remained elevated in November, CPI report shows Read More »

November CPI: inflation increased by 7.1% compared to last year

November CPI: inflation increased by 7.1% compared to last year

Inflation slowed again last month, more than expected, as the Federal Reserve raised interest rates at the fastest pace in decades. The consumer price index (CPI) in November showed an increase of 7.1% from a year ago and 0.1% in the month, the Bureau of Labor Statistics said Tuesday. Economists had expected prices to rise …

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forward contracts;  Stocks rally ahead of CPI inflation data, Fed meeting

forward contracts; Stocks rally ahead of CPI inflation data, Fed meeting

Dow Jones futures were down ahead of Tuesday’s open after the Dow Jones Industrial Average gained 528 points on Monday. Tesla stock slipped more than 6% on Monday, ending just past its 2022 lows. X Inflation data, Fed meeting Consumer inflation data is due out Tuesday morning. The CPI is expected to rise 0.3% for …

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The market is waiting for the CPI, the Federal Reserve;  Here's what to do

The market is waiting for the CPI, the Federal Reserve; Here’s what to do

Futures on the Dow Jones will open on Sunday evening, along with futures on the S&P 500 and the Nasdaq, with particular attention to the CPI inflation report and the Federal Reserve. X The stock market rally retreated last week, with major indexes continuing their trend to new highs, but then fading. It’s a tough …

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