US CPI y/y
Consumer prices account for a majority of overall inflation. Inflation is important because rising prices lead the central bank to raise interest rates out of respect for their inflation containment mandate;
This is among the few non-seasonally adjusted numbers reported on the calendar;
- US CPI y/y Graph
- History
Expected Impact / Date | Actual | Forecast | Previous |
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Feb 12, 2025 | 3.0% | 2.9% | 2.9% |
Jan 15, 2025 | 2.9% | 2.9% | 2.7% |
Dec 11, 2024 | 2.7% | 2.7% | 2.6% |
Nov 13, 2024 | 2.6% | 2.6% | 2.4% |
Oct 10, 2024 | 2.4% | 2.3% | 2.5% |
Sep 11, 2024 | 2.5% | 2.5% | 2.9% |
Aug 14, 2024 | 2.9% | 3.0% | 3.0% |
Jul 11, 2024 | 3.0% | 3.1% | 3.3% |
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- US CPI y/y News
- From youtube.com/markets|42 hr ago
Consumer price data for January delivered a surprise, with the annual inflation rate jumping to 3.0%, contrary to market expectations that prices would remain unchanged. Are we seeing a flare-up in inflation, and what’s the potential impact on Fed rate policy? Presented by @cmegroup
- From disciplinefunds.com|Feb 13, 2025
In the wake of Wednesday’s CPI report there were all sorts of scary narratives about how inflation is raging and we’re on the verge of a big second wave of inflation. I’m not much of a surfer, but if this is a second wave then it’s a pretty pathetic one so far. In fact, inflation has averaged 3.5% historically and CPI came in at 3%. So we’re not even seeing a “wave” that is above average height so far. I know we’re not at the Fed’s target yet and we seem to be moving in the wrong direction, but in my view this story is still mostly ...
- From scotiabank.com|Feb 12, 2025|1 comment
Is US monetary policy tight enough? Trump—who parlayed his father’s fortune into a bigger one in real estate—thinks rates should be lowered. And yet another hot core CPI report along a trend of such readings has markets pushing out the first fully priced cut to December and may even beg the opposite question. I’ll lend caution to ignoring the latest reading while inferring what it means for core PCE expectations and setting all of that in the context of a reminder of my longstanding views on inflation risks under Trump 2.0. Not Just ...
- From finance.yahoo.com|Feb 12, 2025|1 comment
Surprisingly strong U.S. inflation in January stoked investor fears that a heating economy and looming tariffs could corner the Federal Reserve, undercutting interest rate-cut hopes and even raising the threat of a hike. U.S. consumer prices increased more than expected in January, reinforcing expectations the central bank will be in no rush to resume cutting interest rates, particularly as economic uncertainty is exacerbated by the expected inflationary impact of U.S. President Donald Trump's tariffs on key U.S. trade partners. Fed ...
- From inflationguy.blog|Feb 12, 2025
We finished 2024 with a slightly soft reading, but we began 2025 with a hot reading. Now, my admonition last month about the volatility of December data applies also to January data, although less so in CPI than in some other indicators. However, averaging December and January is probably the right approach. It still doesn’t look great even if you do that. Let’s start with the market changes over the last month. You can tell from the table below that short inflation expectations as measured by the column on the far left have come up ...
- From think.ing.com|Feb 12, 2025
US headline inflation came in a lot hotter than expected in January, rising 0.5% month-on-month versus the 0.3% consensus. Energy prices increased 1.1% MoM so stripping out that and the 0.3% MoM increase in food prices we get a core CPI reading of 0.4%, above the 0.3% market consensus. In fact, we weren’t that far off a 0.5% print there with a 0.446% MoM outcome to 3 decimal places. The chart below shows that this is a clear deterioration from the recent trend and is the highest MoM core inflation print for two years. We need to ...
- From bls.gov|Feb 12, 2025|44 comments
The Consumer Price Index for All Urban Consumers (CPI-U) increased 0.5 percent on a seasonally adjusted basis in January, after rising 0.4 percent in December, the U.S. Bureau of Labor Statistics reported today. Over the last 12 months, the all items index increased 3.0 percent before seasonal adjustment. The index for shelter rose 0.4 percent in January, accounting for nearly 30 percent of the monthly all items increase. The energy index rose 1.1 percent over the month, as the gasoline index increased 1.8 percent. The index for food also increased in January, rising 0.4 percent as the index for food at home rose 0.5 percent and the index for food away from home increased 0.2 percent. The index for all items less food and energy rose 0.4 percent in January. Indexes that increased over the month include motor vehicle insurance, recreation, used cars and trucks, medical care, communication, and airline fares. The indexes for apparel, personal care, and household furnishinConsumer prices rise 0.5% in January, higher than expected Inflation perked up more than anticipated in January, providing further incentive for the Federal Reserve to hold the line on interest rates. The consumer price index, a broad measure of costs in goods and services across the U.S. economy, accelerated a seasonally adjusted 0.5% for the month, putting the annual inflation rate at 3%, the Bureau of Labor Statistics reported Wednesday. They were higher than the respective Dow Jones estimates for 0.3% and 2.9%. Excluding volatile food and energy prices, CPI rose 0.4% on the month, putting the 12-month inflation rate at 3.3%. That compared to respective estimates for 0.3% and 3.1%. Shelter costs continued to be a problem for inflation, rising 0.4% on the month and accounting for about 30% of the entire increase, the BLS said. Markets tumbled following the news, with futures tied to the Dow Jones Industrial Average sliding more than 400 points while bond y post:
?*TRADERS SHIFT NEXT FED RATE CUT TO DECEMBER FROM SEPTEMBER https://t.co/J5utae9rDR
- From finance.yahoo.com|Feb 12, 2025|2 comments
January's Consumer Price Index (CPI) will serve as the latest test of whether inflation pressures have eased as investors debate if and when the Federal Reserve will cut interest rates in 2025. The report, set for release at 8:30 a.m. ET on Wednesday, is expected to show headline inflation of 2.9%, matching the annual gain seen in December. Consumer prices are expected to have risen 0.3% over the prior month, a slight deceleration from the 0.4% monthly increase seen in December. On a "core" basis, which strips out the more volatile ...
Released on Feb 12, 2025 |
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