CPI

2024 - 5 - 15

US Inflation Takes a Dip in April: What You Need to Know

cpi data CPI - inflation - market trends - US economy - cpi data

US consumer prices saw a surprising slowdown in April, easing inflation concerns and affecting market sentiments. Dive into the latest CPI data and its impact on the economy.

In a recent turn of events, US consumer prices rose less than expected in April, indicating a shift in the inflation trajectory for the second quarter. The core CPI also exhibited a slowing trend, calming fears surrounding escalating price levels. This moderation in CPI inflation, coupled with a cooling of retail sales, has ignited hopes for potential Fed rate cuts and propelled the S&P 500 towards a new record high.

The CPI report for April revealed a notable easing of inflation to 3.4%, primarily influenced by the increase in gas prices and rents. This data highlights the intricate balance between consumer spending patterns and economic stability. As the market eagerly awaited the release of the April consumer price index data by the US Bureau of Labor Statistics, speculations and predictions swirled around the potential impact on investment decisions and monetary policies.

Amidst the economic fluctuations, the Dow Jones Industrial Average opened higher today following the disclosure of the 3.4% uptick in consumer inflation in April. The live updates on stock markets reflect the immediate responses to the CPI data, indicating the interconnectedness of economic indicators and investor behavior. The latest US inflation statistics depict a nuanced picture of market dynamics and the ever-changing landscape of financial forecasting.

**Interesting Fact**: The April CPI data showed a 0.3% increase, slightly softer than anticipated, hinting at the complex interplay of various factors influencing price levels.

**Did You Know?** US inflation in April 2024 followed a slight downward trend, resuming its decline to 3.4% after a marginal rise in March, as per the official US government data.

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Image courtesy of "The Business Times"

US consumer prices rise less than expected in April; core CPI slows (The Business Times)

US CONSUMER prices increased less than expected in April, suggesting that inflation resumed its downward trend at the start of the second quarter in a boost ...

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Image courtesy of "Investor's Business Daily"

CPI Inflation Soothes Fears As Retail Sales Slow; S&P 500 Futures ... (Investor's Business Daily)

CPI inflation moderated and retail sales cooled in April, helping push the S&P 500 toward a new record on firmer hopes for Fed rate cuts.

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Image courtesy of "USA TODAY"

Inflation eased to 3.4% in April, CPI data shows. What that means for ... (USA TODAY)

Yearly inflation eased to 3.4% in April as gas prices and rent increased, CPI report says.

CPI Report News Today: April Inflation Data Could Impact Hopes of ... (Barron's)

The April consumer price index data will be released today by the U.S. Bureau of Labor Statistics.

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Image courtesy of "The Wall Street Journal"

CPI Report Today: Dow Opens Higher; Inflation Eased to 3.4% in April (The Wall Street Journal)

The consumer-price index for April is out. Follow along for live updates on stocks and other markets, including the Dow Jones Industrial Average, ...

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Image courtesy of "The Straits Times"

US consumer prices rise less than expected in April; core CPI slows (The Straits Times)

WASHINGTON - U.S. consumer prices increased less than expected in April, suggesting that inflation resumed its downward trend at the start of the second ...

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Image courtesy of "The Wall Street Journal"

CPI Report Today: Dow Opens Higher; Inflation Eased to 3.4% in April (The Wall Street Journal)

Consumer inflation rose 3.4% in April from a year earlier, according to fresh Labor Department data released this morning. Here are the high-level numbers, ...

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Image courtesy of "Morningstar.com"

April US CPI Report Shows Inflation Up 0.3%, Softer Than Expected (Morningstar.com)

The Bureau of Labor Statistics reported that the Consumer Price Index climbed 3.4% in April from year-ago levels—a tick downward from March's 3.5% rate.

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Image courtesy of "Livemint"

US inflation resumes downward trend, eases to 0.3% in April; core ... (Livemint)

US inflation: In the 12 months through April 2024, the CPI increased 3.4 per cent, which follows a 3.5 per cent rise in March, according to US govt data.

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Image courtesy of "Forbes"

April's CPI Report Keeps Hopes Of 2024 Interest Rate Cuts Alive (Forbes)

April's Consumer Price Index inflation report contains some signs that inflation could be easing. Still the Fed may want more data before interest rate ...

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Image courtesy of "The Edge Singapore"

US core CPI cools for first time in six months in relief for Fed (The Edge Singapore)

A measure of underlying US inflation cooled in April for the first time in six months, a small step in the right direction for Federal Reserve officials ...

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Image courtesy of "Reuters"

Dollar swoons after data suggests rate cut in September (Reuters)

The dollar slumped against major currencies on Wednesday after U.S. consumer prices in April showed inflation had resumed trending lower in the second ...

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Image courtesy of "FXStreet"

US Dollar weakens following April CPI figures (FXStreet)

The US Dollar Index (DXY) is trading near 104.4 on Wednesday, showing sharp losses triggered by the softer-than-expected Consumer Price Index (CPI) and flat ...

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Image courtesy of "The Business Times"

China says 'bullying' tariff hike shows some in US are 'losing their ... (The Business Times)

A US move to raise tariffs on Chinese goods is a sign of weakness, not of strength, and shows that some in the United States may be “losing their minds”, ...

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Image courtesy of "CNA"

Dollar slides after US CPI rises less than expected (CNA)

NEW YORK/LONDON :The dollar fell on Wednesday after U.S. consumer prices rose less than expected in April, indicating inflation has resumed a downward trend ...

US Dollar Softens Ahead of All-Important April CPI Report: Here's ... (Investing.com)

Forex Analysis by Fawad Razaqzada covering: US Dollar Index Futures, US Dollar Index. Read Fawad Razaqzada's latest article on Investing.com.

Dollar slides after US CPI rises less than expected | Hellenic ... (Hellenic Shipping News Worldwide)

After inflation proved “sticky” in the first quarter, with various reports containing housing prices and other data that remained stubbornly high, the market ...

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Image courtesy of "Reuters"

US consumer inflation resumes downward trend as domestic ... (Reuters)

Consumer price index increases 0.3% in April · CPI rises 3.4% year-on-year · Core CPI gains 0.3%; up 3.6% year-on-year · Retail sales unchanged; core sales drop ...

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Image courtesy of "Financial Mirror"

Dollar extends losing streak ahead of US CPI - Financial Mirror (Financial Mirror)

The USDJPY pair dropped sharply to 155.50 in early European trading on Wednesday, as the US Dollar extends its losing spell for the third trading session.

US consumer prices rise less than expected in April; core CPI slows ... (Hellenic Shipping News Worldwide)

In the 12 months through April, the CPI increased 3.4% after climbing 3.5% in March. Economists polledby Reuters had forecast the CPI gaining 0.4% on the month ...

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Image courtesy of "The Australian Financial Review"

US CPI April: Consumer prices rise less than expected, core inflation ... (The Australian Financial Review)

Wall Street notched record closes after data showed price growth moderated, bolstering investor hopes for interest rate cuts by the Federal Reserve.

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Image courtesy of "CNA"

Stocks gain, yields fall as US CPI rises less than expected (CNA)

NEW YORK :Global stock markets jumped while U.S. Treasury yields fell to five-week lows on Wednesday as data showed U.S. consumer prices rose less than ...

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Image courtesy of "New Straits Times Online"

Stocks hit record highs, yields fall; US CPI raises rate cut hopes (New Straits Times Online)

NEW YORK: Global stock markets rose to record highs while U.S. Treasury yields and the U.S. dollar fell on Wednesday as data showed U.S. consumer prices ...

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Image courtesy of "FXStreet"

Phew, the risk rally is on post-US CPI (FXStreet)

All's well that ends well. US inflation came in line with expectations yesterday; core CPI fell for the first time in six months and the monthly CPI figure ...

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Image courtesy of "CNN"

S&P 500, Nasdaq and Dow all hit record highs after encouraging ... (CNN)

Markets surged to record highs Wednesday after new data showed that inflation cooled in April after ticking up recently.

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Image courtesy of "Reuters"

Morning Bid: New stock records jump the CPI gun (Reuters)

A look at the day ahead in U.S. and global markets from Mike Dolan. Markets seem to have got bored waiting for today's big U.S. inflation print and stocks ...

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Image courtesy of "FXStreet"

Stocks surge as CPI matches expectations, VIX plunges, investors ... (FXStreet)

The 'MoMo' guys are at it again. CPI comes in inline, Retail Sales also a bit 'weaker' and stocks pierce 5300 and this morning they appear to want to go ...

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Image courtesy of "FXStreet"

US Dollar bottoms out after CPI-related tumble (FXStreet)

Fed's Kashkari pushed back against market anticipation of rate cuts, repeating that rates need to stay high for longer. The US Dollar Index flirts with a 104.00 ...

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Image courtesy of "FXStreet"

Markets adored the CPI report because it looks like the return of ... (FXStreet)

Here's another bummer—core CPI monthly on the annualized basis is 3.6%. The three-month core CPIrose by 4.1% annualized. Both of these measures are slightly ...

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Image courtesy of "Business Standard"

Govt plans to change base year of key economic gauges like CPI to ... (Business Standard)

Economic indices such as the Index of Industrial Production (IIP), Wholesale Price Index (WPI), and National Income are benchmarked to FY12.

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