Consumer price index data in June look positive for the Federal Reserve rate-cut outlook.
CPI inflation moderated and retail sales cooled in April, helping push the S&P 500 toward a new record on firmer hopes for
Annual inflation rose again in March to 3.5% as rent kept drifting higher.
Consumer prices rose 3.5% year-over-year, according to the latest CPI report.
We learned this morning that inflation as measured by the Consumer Price Index was 0.4 percent in February and 3.2 percent over
Stocks slid Tuesday after consumer inflation data came in hotter than expected.
The consumer price index for January came in hot, with the core CPI inflation rate unexpectedly holding at 3.9%.
U.S.
The dollar index was higher on Wednesday, after U.S.
The CPI report shows annual inflation rose slightly in July, interrupting a year-long streak of waning price hikes.
