CPI

2024 - 7 - 11

Inflation Sizzles: CPI Data Sparks Rate Cut Speculation

CPI Report CPI - Federal Reserve - inflation - S&P 500 - stock market - CPI Report

June's CPI report reveals surprising trends in inflation, fueling speculation about future rate cuts and market reactions.

In a surprising turn of events, the June CPI report has sent shockwaves through the financial world. The data showing a cooling trend in inflation has ignited speculation about potential rate cuts by the Federal Reserve. This news comes as the S&P 500 attempts to maintain its winning streak, reflecting the market's response to the shifting economic landscape.

The Consumer Price Index data for June paints a picture of a more subdued inflationary environment, prompting discussions regarding the Fed's future monetary policy decisions. With inflation easing and consumer goods and services costs dipping for the first time since 2020, the case for rate cuts later in the year gains traction.

Market analysts are closely monitoring the CPI report, with experts suggesting a September rate cut is increasingly likely. The positive signs of inflation softening at a 3.0% annual rate have buoyed hopes for economic stability amidst fluctuating market conditions.

As the debate on rate cuts intensifies, the focus remains on how the economy will respond to the shifting inflation dynamics. The implications of a potential rate cut in September are being scrutinized by investors and economists alike, underscoring the importance of monitoring the CPI trends in the coming months.

In a noteworthy development, the June CPI report marks the first instance of prices falling since the onset of the pandemic in 2020. This milestone signals a significant shift in inflation patterns, potentially shaping future monetary policy decisions.

Furthermore, the latest data showing a sharp slowdown in price hikes offers relief to consumers and reinforces the argument for Fed intervention. These indicators underscore the delicate balancing act faced by policymakers in navigating the evolving economic landscape and ensuring stability in the financial markets.

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Image courtesy of "Investor's Business Daily"

Cool CPI Inflation Puts Three Fed Rate Cuts In Play; S&P 500 Takes ... (Investor's Business Daily)

Consumer price index data in June look positive for the Federal Reserve rate-cut outlook. The S&P 500 is trying to extend a seven-session winning streak.

Inflation Report Today: CPI Cools to 3% Annual Rate; Progress on ... (Barron's)

Follow live news coverage of the June CPI inflation report, published by the Bureau of Labor Statistics this morning.

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Image courtesy of "CNBC"

Inflation falls 0.1% in June from prior month, helping case for lower ... (CNBC)

The monthly inflation rate dipped for the first time in more than four years, providing further cover for the Fed to start lowering rates later this year.

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Image courtesy of "MarketWatch"

CPI report for June: Key inflation gauge falls for first time since 2020 (MarketWatch)

The cost of consumer goods and services fell in June for the first time since the pandemic in 2020, affirming a recent slowdown in inflation that could ...

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Image courtesy of "Reuters"

Morning Bid: Countdown to CPI (Reuters)

A look at the day ahead in European and global markets from Tom Westbrook. No doubt there are some sore heads around the City today after Ollie Watkins' ...

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June US CPI Report Shows Inflation Softening at a 3.0% Annual Rate (Morningstar.com)

The forecasts called for the annual inflation rate to fall to 3.1% from 3.3%. Core inflation, which excludes volatile food and energy prices, was expected to ...

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Image courtesy of "The Wall Street Journal"

Stock Market Today: Inflation Slowed to 3% in June; Dow Edges Up ... (The Wall Street Journal)

June's consumer-price index shows inflation cooled more than expected. Follow live updates on stocks and other markets, including the Dow Jones Industrial ...

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June CPI Report Comes in Soft: What the Experts Are Saying About ... (Kiplinger's Personal Finance)

Odds rise for a September rate cut after prices fall on a monthly basis for the first time in almost two years.

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Image courtesy of "CNN"

Prices fell in June for the first time since the start of the pandemic (CNN)

Americans weighed down by fast-rising prices for three years just received more encouraging news on the inflation front. The Consumer Price Index, ...

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Image courtesy of "The Washington Post"

Inflation eased further in June, helping cement path to rate cuts (The Washington Post)

Fed watchers increasingly think a first rate cut could come in September, so long as the data continues to cooperate.

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Image courtesy of "Axios"

Inflation cools again in June in another positive sign for U.S. economy (Axios)

Why it matters: The new data shows price hikes slowed sharply last month — offering relief to American consumers and bolstering the case for the Federal Reserve ...

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Fed's Musalem says cooler CPI data is 'encouraging' (Reuters)

Federal Reserve Bank of St. Louis President Alberto Musalem welcomed on Thursday a report showing cooling in consumer level inflation pressures but declined ...

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The CPI signaled inflation is slowing, but the Fed wants even more ... (MarketWatch)

The first decline in consumer prices in four years is just an hors d'oeuvre for the Federal Reserve. Its appetite to cut U.S. interest rates won't be fully.

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Image courtesy of "Reuters"

Monthly US consumer prices post first drop in four years as inflation ... (Reuters)

Consumer price index falls 0.1% in June · CPI increases 3.0% year-on-year · Core CPI gains 0.1%; rises 3.3% year-on-year · Weekly jobless claims fall 17,000 to ...

CPI declined in June | ABA Banking Journal (ABA Banking Journal)

The Consumer Price Index fell 0.1% in June on a seasonally adjusted basis, after being unchanged in May.

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The Fed should definitely cut after 'game-changing' June CPI data ... (CNBC)

Jeremy Siegel, professor emeritus of finance at University of Pennsylvania's Wharton School of Business and Wisdom Tree chief economist, joins 'Squawk Box' ...

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US CPI Report June 2024: Key Takeaways on Inflation, Core Measure (Bloomberg)

Here are the key takeaways from the June US consumer price index report released Thursday:

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NEW CPI REPORT: Core Inflation at Lowest Point in 3+ Years ... (Democrats.org)

President Biden's Economic Agenda Is Reducing Inflation While Trump Would Raise Prices on Working Families. Today's CPI report shows that President Biden is ...

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Stocks Reverse After CPI Report, Tech Sector Hit Hard (tastytrade)

Tech stocks drop nearly 2% while the Russell 2000 rallies 3.6%, hinting at sector rotation. What can traders and investors expect?

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