WebJul 13, 2024 · Photo: Jim Watson/AFP via Getty. European markets and Wall Street slumped on Wednesday after US inflation rose to a fresh 40-year high, mounting … WebJul 12, 2024 · Economists agree that Wednesday’s CPI print is likely to remain red hot, with overall prices in June expected to come in 8.8% higher than last year — marking a rise from the 8.6% jump between ...
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WebJul 13, 2024 · President Biden on Wednesday downplayed the significance of new data showing annual inflation reached its highest level in decades in June, arguing the report was outdated because of recent drops ... WebMay 11, 2024 · Three experts react to April's key inflation report Squawk Box The CPI gains came even though energy prices declined 2.7% for the month, including a 6.1% drop for gasoline. dave maraj
This key inflation measure shows prices rose faster than expected …
WebJul 12, 2024 · The Labor Department agency is scheduled to release the June CPI report on Wednesday at 8:30 a.m. in Washington, Parkinson said. Stocks slumped to session lows around the time the fake release started making the rounds on social media. The release that circulated online Tuesday attempted to mimic the formatting of the prior month’s CPI … WebApr 12, 2024 · “Today’s inflation data show prices rising more than twice as fast as the Fed’s target 2.0% rate,” EJ Antoni, a research fellow for regional economics in the Center for Data Analysis at The Heritage Foundation, told The Daily Signal after the report’s release. “Inflation is far from dead, despite the White House [likely] taking a victory lap on today’s … WebJul 14, 2024 · Getty Images. Breaking News: “Headline inflation” for June was... 5.4%. The Bureau of Labor Statistics says so. Wow. That report is being greeted with … dave marinaro