CD Media
Markets

CPI Report Shows Predicted Inflation At Fed’s Target Range With Varying Underlying Sectors

CPI Report Shows Predicted Inflation At Fed's Target Range With Varying Underlying Sectors
This cartoon ran in the Dallas Morning News, May 24, 1945, Section 2, Page 2

This morning’s Consumer Price Index (CPI) was reported at 1.9% YoY for March vs 1.8% consensus estimate.

Excluding food and energy CPI was reported YoY for March at 2.0% vs 2.1% estimate.

Month over month CPI was reported at 0.4% vs 0.3% consensus estimate, and 0.1 vs 0.2% MoM ex food and energy.

The underlying numbers showed wages slowing but housing costs rose dramatically.

Related posts

Stocks Plunge After Trump Vows To Retaliate To China “This Afternoon”, Orders US Companies To Find “An Alternative To China”

CD Media Staff

Jobless Claims Lower Than Expected…Economy Needs Clarity And HCQ, Not Fauci Big Pharma Lies

CD Media Staff

10-Year T-Notes Fall, Gold Soars, Stocks Slump, Oil Down, But Recession Talk Is Premature

CD Media Staff

Leave a Comment

Subscribe to our evening newsletter to stay informed during these challenging times!!

Clicky