CPI inflation rate

2024 - 2 - 13

Surprise Inflation Increase in January Rattles Market Predictions

consumer price index - CPI inflation - Federal Reserve - interest rates

The consumer price index for January revealed an unexpected rise, causing concern for market trends and potential rate cuts by the Fed in the future. Here's a detailed breakdown of the recent CPI data and its implications.

Prices rose more than expected in January as the consumer price index showed a 0.2% increase, surprising economists. The core CPI inflation rate held at 3.9%, impacting S&P 500 futures. Despite this, senior Fed officials caution against immediate rate cuts. U.S. consumer prices spiked in January due to rising costs in shelter and healthcare, supporting the Fed's stance on easing. The continued rise in inflation, although not as high as forecasted, has led to uncertainties in market trends. Additionally, the latest CPI report reflects a stubborn pricing pressure with inflation at 3.1%. Wall Street's expectations have been slightly exceeded, casting a shadow on potential rate cuts by the Federal Reserve.

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Image courtesy of "CNBC"

Prices rose more than expected in January as inflation won't go away (CNBC)

The consumer price index was expected to show a 0.2% increase in January, according to economists surveyed by Dow Jones.

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Image courtesy of "Investor's Business Daily"

CPI Inflation Data Jolts The S&P 500, Fed Rate-Cut Odds (Investor's Business Daily)

The consumer price index for January came in hot, with the core CPI inflation rate unexpectedly holding at 3.9%. S&P 500 futures slid.

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Image courtesy of "Financial Express"

US CPI Data for January released, inflation numbers throw surprise (Financial Express)

Wall Street has been cautioned by senior Fed officials that interest rate reductions are unlikely in the foreseeable future.

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Image courtesy of "Reuters"

Sticky Jan US CPI inflation supports Fed reticence on easing (Reuters)

U.S. consumer prices increased more than expected in January amid rises in the costs of shelter and healthcare, but the pick-up in inflation likely does not ...

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Image courtesy of "USA TODAY"

Inflation dipped in January, CPI report shows. But not as much as ... (USA TODAY)

The January CPI report shows a continued dip in inflation. But many Americans are exasperated that prices are higher than when Biden took office.

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Image courtesy of "Bloomberg"

US Core Inflation Stays High, Putting May Rate Cut in Doubt (Bloomberg)

Consumer price growth reaccelerated, with the main headline figures rising at a faster pace than economists forecast. CPI rose 0.3% from the prior month, ...

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Image courtesy of "The Wall Street Journal"

Inflation at 3.1% Reflects Stubborn Pricing Pressure, Clouding ... (The Wall Street Journal)

Inflation cooled again in January but came in above Wall Street's expectations, another sign that the Federal Reserve's path to interest-rate cuts is far ...

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Image courtesy of "Barron's"

CPI Report Today: Inflation Rose by 3.1% in January (Barron's)

Fresh inflation data are here—and they might disappoint some market watchers. The latest reading of the consumer price index, released today at 8:30 a.m., ...

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