by Laura Turbay | Apr 10, 2024 | Uncategorized
Wall Street investors and stakeholders alike will be watching tomorrow’s Consumer Price Index report which is forecasted to rise at 0.3% over last month. They are waiting to see if inflation is slowing, a sign that interest rate cuts could be coming soon. But a...
by Laura Turbay | Mar 27, 2024 | Featured, Inflation
Consumer prices rose slightly faster in February, a signal for the Fed to hold cutting interest rates. Prices rose 0.4% from a month earlier in January and increased 3.2% from a year ago, according to the Labor Department. That rise in prices was slightly higher than...
by Laura Turbay | Feb 20, 2024 | Featured, Inflation
Consumer price data surprised economists with a surge in prices for services, underscoring the bumpiness of the road towards slower inflation. Prices rose 3.1% in January from a year earlier, compared to 3.3% in December, the Labor Department said Tuesday. That was...