CPI Undershoots But Core Inflation Stays Stubborn: JP Morgan

The Consumer Price Index (CPI) was 2.3% higher than a twelvemonth ago, the Bureau of Labor Statistics said Tuesday, beneath the economists’ expectations of 2.4% and the erstwhile reading.
The monthly summation was 0.2%, rebounding from a anterior diminution of 0.1%, yet falling abbreviated of a 0.3% forecast.
The…

This communicative appeared connected benzinga.com, 2025-05-13 21:47:30.