CPI Archives - CFO

Economists Doubt Fed Will Avoid Recession

Economists Doubt Fed Will Avoid Recession

But there are no signs yet the threat will deter the FOMC from fighting inflation aggressively.

By Vincent Ryan | August 23, 2022

9.1% CPI Inflation Will Pressure Fed: Weekly Stat

9.1% CPI Inflation Will Pressure Fed: Weekly Stat

"This report keeps the Fed on course and is consistent with our call for an inflation-driven mild recession in the second half," said BofA economists.

By Vincent Ryan | July 13, 2022

The Fed vs. Inflation: Playing Catch-Up

The Fed vs. Inflation: Playing Catch-Up

However many times the Fed raises interest rates in 2022, the impact won't be immediate.

By Vincent Ryan | February 14, 2022

Experts React to 6.2% Rise in the CPI

Experts React to 6.2% Rise in the CPI

Fuel oil prices in October were up 12.3% month-over-month and 59.1% compared with a year ago.

By Vincent Ryan | November 10, 2021

U.S. Consumer Prices Increase 5.4% in June

U.S. Consumer Prices Increase 5.4% in June

"June’s big inflation number will ramp up scrutiny of price-related data as policymakers assess whether the economy is at greater risk of overheating."

By Matthew Heller | July 13, 2021

Experts React to 5% CPI Inflation

Experts React to 5% CPI Inflation

The headline CPI index rose 5% in May, marking the highest growth rate since August 2008.

By Lauren Muskett | June 14, 2021

U.S. Consumer Prices Surge 4.2% in April

U.S. Consumer Prices Surge 4.2% in April

The largest gain in the CPI in nearly 12 years reflects in part the comparison to extremely weak inflation a year ago amid pandemic lockdowns.

By Matthew Heller | May 12, 2021

U.S. Consumer Prices Increase 0.4% in February

U.S. Consumer Prices Increase 0.4% in February

Economists expect the rise in prices to continue into the summer, pushing inflation past the Federal Reserve’s 2% target.

By Matthew Heller | March 10, 2021

U.S. Consumer Prices Tumble 0.4% in March

U.S. Consumer Prices Tumble 0.4% in March

“Deflation is likely to take hold over the next few months as businesses slash prices in response to much lower demand from the coronavirus outbreak."

By Matthew Heller | April 10, 2020

U.S. Consumer Prices Hit Highest Level in a Year

U.S. Consumer Prices Hit Highest Level in a Year

The CPI rose 2.1% in November on a year-on-year basis but the Fed "doesn’t expect inflation to sharply exceed its 2% goal anytime soon."

By Matthew Heller | December 11, 2019

Core CPI Rises 0.3% for Second Straight Month

Core CPI Rises 0.3% for Second Straight Month

The July inflation readings reduce "the chances that the U.S. central bank would cut rates by half a percentage point" in September.

By Matthew Heller | August 13, 2019

U.S. Consumer Prices Jump 0.4% in March

U.S. Consumer Prices Jump 0.4% in March

“The uptick in inflation, being largely driven by higher gas prices, is unlikely to worry investors or the Federal Reserve."

By Matthew Heller | April 10, 2019

U.S. Consumer Prices Drop 0.1% in December

U.S. Consumer Prices Drop 0.1% in December

The Fed will view the first decline in the CPI since March as "further proof that price pressures are building more slowly than some have feared."

By Matthew Heller | January 11, 2019

U.S. Consumer Prices Flat Amid Cheaper Gas

U.S. Consumer Prices Flat Amid Cheaper Gas

"The inflation picture is still fairly tame, certainly not heating up enough to push the Fed to a more aggressive stance."

By Matthew Heller | December 12, 2018

Core Inflation Posts Annual Gain of 2.4% in July

Core Inflation Posts Annual Gain of 2.4% in July

The increase was the largest since September 2008 but economists see core inflation easing by the end of the year.

By Matthew Heller | August 10, 2018