Tag

Cpi

All articles tagged with #cpi

Prescription prices plunge, but real patient savings remain unclear.
business8 days ago

Prescription prices plunge, but real patient savings remain unclear.

U.S. prescription drug prices fell 0.8% in July and are down 3.1% year over year—the steepest annual decline in more than six decades—driven by generic competition, GLP-1 price pressure, and price cuts tied to the Inflation Reduction Act and related Trump administration deals; but rebates are not fully captured in the CPI, and falling prices don't guarantee lower out-of-pocket costs as many Americans still struggle to afford medications.

July CPI shows inflation easing to 3.4% as energy and food costs drift lower
economy13 days ago

July CPI shows inflation easing to 3.4% as energy and food costs drift lower

U.S. inflation cooled to 3.4% in July as gas and grocery prices eased, with the CPI up 0.1% month over month. Shelter costs rose just 0.1% and food prices fell 0.1%, while the core CPI increased 0.2% to an annual 2.5%. Despite the cooler readings, economists warn price pressures persist in services and energy, and a softer inflation backdrop could influence Fed rate expectations, which fell to about a 38% probability of a September hike as stocks nudged higher.

Markets buoyed by cooling CPI as Fed timing remains uncertain
markets13 days ago

Markets buoyed by cooling CPI as Fed timing remains uncertain

US stocks rose after July’s CPI showed inflation cooling to 3.4% year-over-year and a 0.1% monthly increase. The Nasdaq led gains (about 0.7%), the S&P 500 rose around 0.3%, while the Dow barely moved, as traders ponder whether the Fed will hold rates or cut a move in September. Inflation staying above the 2% target keeps the central bank in a wait-and-see stance. Geopolitical tension in the Middle East supported oil and yields, with energy near $90 per barrel. Earnings from Cisco, Coherent, and Cerebras Systems are due this week.

July CPI signals inflation cooling, fueling Fed rate-hold bets
business13 days ago

July CPI signals inflation cooling, fueling Fed rate-hold bets

The July CPI rose 0.1% month-over-month (0.2% core), with annual rates of 3.4% overall and 2.5% core, broadly in line with forecasts. Energy fell 1.5% for the month, while shelter costs rose 0.1% and accounted for about two-thirds of the headline increase. The data dampened inflation momentum and nudged October/December rate-hike bets higher than September, with traders pricing roughly a 42% chance of a September move and markets expecting the Fed to hold at the September meeting pending more data.

Gas price relief hints at modest July CPI gain, inflation still above target
economy13 days ago

Gas price relief hints at modest July CPI gain, inflation still above target

July US consumer prices likely rose modestly as gasoline costs eased, with the CPI seen up about 0.1% for the month and roughly 3.4% higher year over year; core CPI is expected to rise 0.2% month-over-month (about 2.5% YoY). The softer energy backdrop, including gasoline around $4.06/gal in July, keeps inflation above the Fed’s 2% target and maintains debate over potential rate moves later this year.

CPI Catalyst Looms as USD/JPY Keeps Swinging on Fed Bets
business13 days ago

CPI Catalyst Looms as USD/JPY Keeps Swinging on Fed Bets

USD/JPY remains highly sensitive to US CPI data and Fed rate expectations, with carry-trade dynamics and periodic BoJ/US interventions driving swings; tomorrow’s CPI release could trigger another sizable move as traders reassess the odds of further Fed tightening. Past CPI-driven reversals around key levels show how inflation prints shape USD/JPY and the broader FX markets, underscoring CPI as a decisive near-term driver.

Markets Edge Ahead of Key Inflation Report
business14 days ago

Markets Edge Ahead of Key Inflation Report

US stock futures were little changed ahead of the July CPI due at 8:30 a.m. ET, with Dow futures up about 22 points (0.04%), S&P 500 futures +0.07%, and Nasdaq 100 futures +0.08%; economists expect a 0.1% rise in headline inflation and 0.2% in the core, leaving year-over-year gains at 3.4% and 2.5% above the Fed’s 2% target. After-hours movers included Super Micro Computer and CoreWeave on upbeat earnings guidance, while Treasury yields hovered around 4.7% (10-year) and 4.2% (2-year) ahead of the data and Thursday’s PPI. Asia-Pacific markets were set for a mixed session.

Prediction markets peg July CPI as likely cooler than forecast
economy14 days ago

Prediction markets peg July CPI as likely cooler than forecast

Prediction markets on Kalshi imply July's CPI may come in cooler than the Dow Jones consensus, with under 55% odds of year-over-year CPI above 3.3% and just 15% above 3.4%. For core inflation, Kalshi traders put a 47% chance of more than 2.4% and 11% for more than 2.5%, while economists expect 3%? 2.5% YoY core inflation for July (down from June's 2.6%). The Bureau of Labor Statistics will release the CPI on Wednesday, a key data point for Fed rate decisions. CNBC notes the relationship and disclosure of Kalshi/CNBC collaboration.

Gold slips ahead of CPI data as Fed rate-hike bets wobble
markets15 days ago

Gold slips ahead of CPI data as Fed rate-hike bets wobble

Gold slid to about $4,329/oz and silver rose to around $63.80 as markets brace for U.S. CPI data; July payrolls fell by 23,000 with the unemployment rate at 4.1% and revisions totaling -103,000, trimming September rate-hike odds to roughly 44%. Oil steadied with Iran/U.S. tensions, the dollar firmed and 10-year yields hovered near 4.6%, keeping markets focused on CPI, PPI and retail-sales releases that could reprice Fed expectations and metals prices.

Markets edge toward CPI data as futures stay mostly quiet
markets15 days ago

Markets edge toward CPI data as futures stay mostly quiet

U.S. stock futures were mostly unchanged ahead of Wednesday’s CPI report, with Dow futures slipping about 0.1% and S&P 500 and Nasdaq futures edging higher after a strong week. Investors weighed inflation signals, oil prices ( Brent around $84 ), and Middle East developments, while earnings remain light but AI infra names draw attention; Fed officials remain divided on rate hikes.

AI Infra Bets, Inflation Data to Guide the Fed This Week
finance16 days ago

AI Infra Bets, Inflation Data to Guide the Fed This Week

Two big tests shape the week: inflation data (CPI on Wednesday and PPI on Thursday) to gauge pricing pressure and Fed policy paths, and AI-infrastructure bellwethers Nebius NBIS, CoreWeave CRWV, and Cerebras CBRS to gauge AI capex momentum. With CAVA Group and Applied Materials reporting and ongoing questions about Fed independence amid rising yields, markets will swing on any inflation surprise or stronger AI spending signals.

China's July inflation eases as Iran-war spillover fades
economy16 days ago

China's July inflation eases as Iran-war spillover fades

China's July CPI rose 0.5% year-on-year, the slowest pace since January, helped by slower gasoline-price gains, while producer prices climbed 3.5% YoY, easing from 4.1%. Month-on-month, CPI fell 0.1%. Domestic demand remains weak as PMIs show softer momentum and retail sales edged up 1% in June after May decline, with fixed-asset investment down 5.7% in H1. GDP growth in Q2 was 4.3%, below the official target. Exports jumped about 24% in July, and oil/chemical components drove the PPI as oil prices retreat from earlier highs. Authorities signaled more fiscal spending but stopped short of a major stimulus.

Trump's Grocery Price Claim Faces Reality Check: Eggs Are Bucking the Trend
economy19 days ago

Trump's Grocery Price Claim Faces Reality Check: Eggs Are Bucking the Trend

Trump claimed grocery costs are ‘way down,’ but HuffPost’s fact-check finds the drop is limited to eggs; overall grocery prices are still rising. The USDA/ERS forecasts a 2.7%–3.9% increase in 2026 for groceries, with eggs being the standout exception. Beef, produce, fats and oils, and nonalcoholic drinks continue to climb, and the White House did not comment.

Inflation Likely Peaked, Williams Says; Fed Policy Positioned for 2% Path
economy1 month ago

Inflation Likely Peaked, Williams Says; Fed Policy Positioned for 2% Path

New York Fed President John Williams argued inflation has likely peaked and should ease toward 2% over the coming years, forecasting about 3.25% by year‑end as tariffs, oil shocks and AI-driven spending ease and more supply comes online. He emphasized a solid labor market, anchored inflation expectations, and a policy stance well positioned to reach the 2% goal, even as markets still price in a possible rate hike by year’s end; CPI fell 0.4% in June but inflation remains above target.