This is a bigger and separate issue that would take us into production and marketing conditions, so I won’t get into that here. 3. When last did the BoS revise the weights of the CPI basket and ...
Core services inflation has been among the stickiest component within the CPI basket in recent years, particularly driven by housing costs or shelter, which includes rent of primary residence and ...
Inflation is proving stickier than expected, which could cause Fed to hit pause button on more interest rate cuts.
U.S. consumer prices increased by the most in nine months in December amid higher costs for energy goods, pointing to ...
Owners' equivalent rent, which represents about one-quarter of the CPI basket, continued to slow on a Y/Y basis, easing to +4.8% in December from 4.9% in November. Supercore CPI, which strips out ...
US stocks spiked Wednesday morning, as the CPI report boosted traders’ hopes that the Federal Reserve will continue its rate-cutting campaign this year. The Dow was up by almost 700 points in ...
The statement noted that the exercise is vital to ensure that the CPI basket, which tracks the prices of goods and services, accurately represents present-day spending habits. It noted that the ...
Gold prices extended gains on Tuesday after U.S. inflation data came in slightly weaker than expected, giving investors faint ...