Tag

Cpi

All articles tagged with #cpi

Japan’s inflation cools to 1.5% as BOJ targets remain in play
world6 days ago

Japan’s inflation cools to 1.5% as BOJ targets remain in play

Japan’s January headline inflation fell to 1.5%, the lowest since March 2022 and ending 45 months of inflation above the BOJ’s 2% target. Core inflation was 2.0% and core-core 2.6%, with falls in fresh food, meat and energy prices driving the slowdown. GDP grew 0.1% in Q4, narrowly avoiding recession. The BOJ upgraded its 2026 outlook to 1.9% core and 2.2% core-core inflation and expects inflation to dip below 2% in early 2026 as food prices stabilise and tax relief/support measures persist. Despite slow price pressure, rate hikes are anticipated, with a June move to about 1% likely after wage data.

Gold rebounds on soft U.S. inflation, fueling bets on Fed rate cuts
markets11 days ago

Gold rebounds on soft U.S. inflation, fueling bets on Fed rate cuts

Gold climbed over 2% after January CPI rose 0.2%—below expectations—reigniting bets the Fed will cut rates this year, with spot prices near $5,030/oz and April futures around $5,051/oz. Silver also rose about 2% to $76.88/oz, while January jobs data showed 130,000 new hires. Markets estimate roughly 63 basis points of cuts this year, with the first move expected in July per LSEG. China’s gold demand stayed strong ahead of Lunar New Year, and India saw a discount market.

Goldilocks economy hides underlying strains in 2026 data
economy11 days ago

Goldilocks economy hides underlying strains in 2026 data

The U.S. economy starts 2026 in a Goldilocks balance: solid growth and a firm job market (January +130,000 jobs, unemployment 4.3%) with CPI at 2.4% YoY and core 2.5%, near the Fed's target. But revisions show average monthly job gains near zero over the past year, AI-driven cost cuts may be trimming high-paying roles, and some prices (electricity, natural gas, beef, coffee) remain elevated. Markets look steady yet vulnerable to AI-profitability fears. Bottom line: economy and markets appear solid, though underlying data point to softer footing beneath the surface.

business1 month ago

Beef Booms, Eggs Fall: A Tale of Split Food Inflation in December CPI

December’s CPI for food at home rose 0.72% month-to-month (9.0% annualized), pushing the annual gain to 2.4%, with beef, dairy, coffee and other foods leading gains while eggs pulled back after earlier spikes. Ground beef jumped about 19% year-over-year as the cattle herd sits at a 64-year low; chicken breast was flat; eggs, after a huge run-up due to avian flu, fell 5% in December though remain well above pre-pandemic levels. The “other foods” category rose 1.6% and fresh fruit/vegetables 0.5%, while coffee climbed 1.9% and restaurant prices (food away from home) rose 0.7% MoM and 4.1% YoY. The piece notes the inflation split across items and questions whether the December spike is a blip or a warning that food inflation could re-accelerate if demand stays strong and supply remains tight.

American Grocery Bills Jump Nearly 19% Since 2022
business1 month ago

American Grocery Bills Jump Nearly 19% Since 2022

U.S. food prices have risen about 19% since January 2022, with December’s CPI showing food up 3.1% year over year and 0.7% for the month. Beef, coffee and other staples are driving the climb, while eggs have cooled after a spike. Dining out isn’t spared either, as food-away-from-home costs rose about 4.1% annually, amid factors like constrained supplies, tariffs, weather, and higher labor and utility costs. Tariff cuts announced in November had not yet translated into immediate price relief.

Cantwell Blames Trump for Rising Prices After CPI Shows 2.7% Rise
politics1 month ago

Cantwell Blames Trump for Rising Prices After CPI Shows 2.7% Rise

Sen. Maria Cantwell criticized the Trump administration for rising prices after the latest CPI data showed a 2.7% year-over-year increase, with groceries up 2.4% and electricity up 6.7%; Seattle rose 3.1%. She argues tariff and energy policies are driving inflation, while Trump has floated cost-cutting ideas such as mortgage bonds, portable loans, and capping credit-card interest as consumer confidence remains weak ahead of the midterms.

Bitcoin Clears $93K as Inflation Holds Steady and Volume Soars
business1 month ago

Bitcoin Clears $93K as Inflation Holds Steady and Volume Soars

Bitcoin rose above $93,000 as U.S. December CPI data showed prices up 0.3% for the month and 2.7% year over year, with trading volume jumping about 20% to $88.9 billion. Analysts say the move signals renewed liquidity but note defensive sentiment, as spot CVD deteriorates even as the price climbs and markets eye a possible $100k target (about 80% odds on prediction markets). The piece also notes regulatory chatter, including a draft Senate bill (Clarity Act) that could place XRP, Solana and Dogecoin on a similar footing to Bitcoin and Ethereum, while investors weigh the potential impact of a Supreme Court tariff ruling.

Bitcoin Rises to Two-Month High on Steady CPI and Short-Covering Surge
business1 month ago

Bitcoin Rises to Two-Month High on Steady CPI and Short-Covering Surge

Bitcoin climbed to about $95,500, its highest in two months, as December CPI held at 2.7% year over year with modest monthly gains. The advance was aided by aggressive short-covering, with roughly $587 million in crypto shorts liquidated (about $292 million tied to BTC). As earnings season begins and macro cues stay supportive, risk assets, including crypto, held firm above the key level.

Oil spikes as Iran tensions and Powell feud shake markets
markets1 month ago

Oil spikes as Iran tensions and Powell feud shake markets

U.S. stocks declined while oil jumped on Iran-related headlines and ongoing concerns about Federal Reserve independence after Trump’s attacks on Powell, even as December core CPI came in cooler than expected; JPMorgan beat earnings but its shares fell, and investors weighed geopolitical risk against central-bank credibility and related tech news.

CPI uptick tightens middle-class budgets as December costs rise
personal-finance1 month ago

CPI uptick tightens middle-class budgets as December costs rise

December’s CPI rose 0.3%, pushing the yearly inflation rate to 2.7% and underscoring ongoing pressure on middle‑income households. Food prices continued to climb—food at home up 2.4% and food at restaurants up 4.1% year over year, with a 0.7% monthly gain in both—while energy costs remained a drag: electricity up 6.7% and utilities 10.8% year over year (gasoline fell about 3.4% over 12 months). Primerica data show 69% of middle‑income Americans feel their income is falling behind the cost of living, up from 50% in 2020, highlighting persistent budget strain even as some goods prices cooled.”,

Bond yields slide as cooler core inflation boosts bets on slower Fed tightening
markets1 month ago

Bond yields slide as cooler core inflation boosts bets on slower Fed tightening

U.S. Treasuries rallied after December's core inflation rose 0.2% month-on-month and 2.6% year-on-year, slightly below expectations, driving the 10-year yield down to about 4.175% (hit 4.156% intraday) while the 2-year slid to roughly 3.528% and the 30-year to 4.832%. Markets price in two 25-basis-point Fed cuts this year beginning in June as inflation trends decline and the labor market slows, though larger policy moves depend on ongoing data and the DOJ investigation into Powell’s renovations, which he says could influence the central bank’s decisions.

Stocks Dip After CPI Data as Dow Falls Nearly 400 Points
markets1 month ago

Stocks Dip After CPI Data as Dow Falls Nearly 400 Points

U.S. stocks slipped following the December CPI report, with the Dow down about 398 points (0.8%) and the S&P 500 and Nasdaq also lower. The headline CPI rose 2.7% year over year and the core rate 2.6%, dampening expectations for an imminent rate cut. Weak earnings from JPMorgan and other large names weighed on the market, while energy stocks rose on higher oil prices.