core inflation

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Consumer Prices Surge Most Since '91
 Consumer Prices
 Surge Most Since '91 
Economy
Jul 16, 2008 9:35 AM CDT

Consumer Prices Surge Most Since '91

Consumer prices up 1.1%; wholesale up 1.8%.

(Newser) - Consumer prices rose a staggering 1.1% in June, Bloomberg reports. The figure far surpassed analyst estimates, and brings the year-over-year figure to 5%–the biggest surge since 1991. Core inflation, which excludes food and energy, rose a more-than-expected 0.3%. “Inflation has galloped,” one economist said. “...

Stocks Rally on Dollar's Strength
 Stocks Rally on Dollar's Strength 
MARKETS
Jun 13, 2008 3:14 PM CDT

Stocks Rally on Dollar's Strength

Drop in oil, strong greenback pushes Dow to weekly gains

(Newser) - The markets rallied today, pushing the Dow into positive territory for the week, off a strong dollar and a drop in oil prices. The Dow gained 165.77 to close at 12,307.35, a weekly gain of 0.8%. The Nasdaq climbed 50.15 to 2,454.50 but...

Dow Hikes Prices 20% on Chemicals in Many Products

Chemical company rips feds for energy policy it blames for higher costs

(Newser) - Skyrocketing energy costs prompted Dow Chemical to bump prices up to 20% yesterday on compounds that are the building blocks for thousands of consumer products, fanning inflation fears. Dow, one of the world’s largest chemical companies, ripped Washington for an energy policy it says has raised its energy costs...

Housing Starts Down; Producer Prices Up

Housing will hurt '08 growth

(Newser) - Housing starts fell yet again in February, and building permits hit a 16-year low, Bloomberg reports. The annual housing start rate fell to 1.065 million homes, a 0.6% drop from January, while permits sank 7.8%, indicating still bigger declines to come. “We don’t see it...

Consumer Prices Flat in Feb.
 Consumer Prices Flat in Feb. 
Mar 14, 2008 8:41 AM CDT

Consumer Prices Flat in Feb.

Lack of increase means Fed has an open door to a big rate cute next week

(Newser) - Consumer prices were flat for February, pleasantly surprising economists who expected a 0.2% increase, reports the Wall Street Journal. This morning’s consumer price index eases concerns that inflation is accelerating as the economy slows, and it gives the Federal Reserve more reason to float a large interest rate...

Wholesale Inflation Surges
Wholesale Inflation Surges
Feb 26, 2008 10:06 AM CST

Wholesale Inflation Surges

Producer prices lap analyst estimates

(Newser) - Wholesale prices rose more than twice as fast as analysts predicted in January, in the latest sign that inflation is outstripping growth, Bloomberg reports. After a 0.3% drop in December, finished good prices rose 1% last month, with the core indicator up 0.4%, its biggest gain in almost...

Inflation Spikes, Cut in Jeopardy
Inflation Spikes, Cut in Jeopardy
Feb 20, 2008 9:04 AM CST

Inflation Spikes, Cut in Jeopardy

Fed may have hands tied, as CPI soars past expectations

(Newser) - Core inflation bounded ahead of expectations in January, which is bad news for anyone betting on a big rate cut from the Fed–and for the Fed itself. The consumer price index rose 0.4%, with core CPI rising 0.3%, putting the year-over-year figures at 4.3% and 2....

Consumer Prices Jump Most in 2 Years

CPI surge on rising energy costs sparks inflation worries

(Newser) - November’s consumer price index spiked 0.8%—the biggest rise since September 2005—as soaring energy costs pushed up prices on an array of  goods and services. The increase, higher than the 0.6% anticipated, reignites inflation worries, causing experts to predict that further Fed rate cuts are unlikely,...

Inflation Still in Check as Housing Offsets Energy

Housing slump offsets energy rise to keep CPI down

(Newser) - Consumer prices saw only modest gains last month, welcome news for inflation watchers with an eye on rising oil prices and a dropping dollar. The Consumer Price Index rose 0.3%, in lockstep with analysts' estimates. Core CPI, which excludes food and energy, rose 0.2%. Year-over-year, the increases were...

Bernanke Ups Fed Transparency
Bernanke Ups Fed Transparency
Nov 14, 2007 10:34 AM CST

Bernanke Ups Fed Transparency

Extra reports to give investors clearer picture

(Newser) - The Federal Reserve will issue more detailed reports  twice as often, Ben Bernanke announced today. Starting next Tuesday, the Fed will release projections for inflation, GDP, and unemployment four times a year, accompanied by a “narrative” telling investors what the Fed is thinking. Bernanke also said he’d be...

What Inflation? Consumer Prices Fall 0.1%

Fed's rate cut looks good as housing, gas prices hit books

(Newser) - Ben Bernanke is likely patting himself on the back right now, Bloomberg reports. US consumer prices fell 0.1% in August, the first decline this year, making Federal Reserve chairman’s rate cut look good, with inflation potentially under control. “Core inflation has now been falling for nearly a...

5 Reasons to Think Bearish
5 Reasons to Think Bearish
Jul 22, 2007 8:29 AM CDT

5 Reasons to Think Bearish

Despite record growth, Wall Street has plenty of cause for concern, Business Week says

(Newser) - Wall Street is giddy with low unemployment, optimistic earnings predictions, and a resilient economy, but BusinessWeek lists five things for investors to worry about.
  1. Volatility in earnings, especially tech companies
  2. Consumer spending, as gas prices take their toll
  3. Inflation, which could prompt the fed to raise interest rates
  4. Subprime aftereffects,
...

Stock Sell-Off Rings Out 2nd Quarter

Markets dip, inflation cools, oil prices soar as Fed plays wait-and-see

(Newser) - Stocks slipped slightly today as the tumultuous second quarter ended in a cloud of uncertainty and contradictory economic reports. The Dow fell 13.66 to close at 13,408.62, up over 1,000 points since April, after an early surge in response to optimistic inflation and construction-spending reports. But...

CPI Registers Spring Spike
CPI Registers Spring Spike
Jun 15, 2007 11:06 AM CDT

CPI Registers Spring Spike

Energy, food drive big May bump in consumer spending as core inflation stays cool

(Newser) - The consumer price index jumped 0.7% in May, riding high energy prices to its second-biggest spike in 16 years. But the volatile food and energy sectors appeared not to disrupt the rest of the economy, MarketWatch reports. The core CPI, which excludes food and gas prices, rose only 0....

Inflation Cools, Heats Wall Street
Inflation Cools, Heats Wall Street
May 15, 2007 1:48 PM CDT

Inflation Cools, Heats Wall Street

But gas prices, at record highs, still worrisome

(Newser) - The core consumer price index stayed steady last month, rising just 0.2% and cooling worries about inflation. The overall CPI, which responds to fluctuating food and energy costs, climbed 0.4%, still well within the comfort zone. That's good news for the Fed, which held interest rates steady last...

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