CPI, Inflation
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What a difference a month makes… Back in early April, stocks were crashing into a bear market on fears that President Trump’s “Liberation Day” tariffs would freeze global trade, reignite inflation, and send the economy spiraling into a recession.
Bitcoin slips below $102K as crypto markets eye US PPI and jobless claims data, which are key indicators for inflation and economic strength.
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Ellen Zentner, Morgan Stanley Wealth Management chief economic strategist and former Federal Reserve Vice Chair Roger Ferguson join 'Squawk Box' to discuss the April CPI data, state of the economy, impact on the Fed's interest rate decision,
The US Bureau of Labor Statistics reported a 2.3% increase in the all items Consumer Price Index for the 12 months to the end of last month, down from 2.4% for the 12 months to the end of March. This marked the smallest rise since February 2021 and is well below April 2024’s 3.35%.
Trade de-escalation continues to provide upward pressure on the long end, whilst cooler CPI data helps the US front end lower
Tariff effects will significantly impact upcoming Consumer Price Index data, according to Ellen Zentner, Chief U.S. Economist at Morgan Stanley. During an interview with CNBC, Zentner explained that these trade policies are already influencing key economic indicators and creating market uncertainty.
Tuesday brought the release of an economic report that has frequently been responsible for big swings in mortgage rates. The Consumer Price Index (CPI) is the earlier of the two big inflation reports from the US government,
Gold price holds key support as traders await U.S. CPI data; inflation surprise could drive XAU/USD direction sharply in the near term.
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Stocktwits on MSN'Not Fair To America,' Says Trump As He Urges 'Too Late' Powell To Cut Rates After April CPI DataA tamer-than-expected April consumer price inflation (CPI) print sent the broader market higher on Tuesday and bolstered President Donald Trump's call for interest rate cuts. Trump, who is on an official four-day regional tour of the Middle East,