2024-05-15 15:04:15

US Inflation Trends and Market Reactions

US consumer prices showed a slight deceleration in April, rising 0.3% over the previous month and 3.4% annually, meeting economist expectations and hinting at a downward inflation trend. The Federal Reserve aims to bring inflation to 2%, but stubbornly high prices have hindered this goal.

Economists anticipate inflation pressures to ease this quarter, crucial for policymakers. Market reactions were positive, with US stocks steady and potentially reaching new highs on hopes for earlier interest rate cuts by the Federal Reserve amidst the softer inflation reading.

New York Times - Business
16. Mai 2024 um 02:29

Inflation Data Could Show Signs of Progress After Disappointing Run

Economy
Finance
Economists are hopeful that new inflation data will show a slight slowing in the Consumer Price Index climb in April, marking the lowest annual reading since early 2021. The focus is on the 'core' measure of inflation that strips out volatile food and fuel prices to gauge the underlying trend, crucial for Federal Reserve policymakers.
Yahoo Finance
15. Mai 2024 um 11:27

Yahoo Finance

Finance
Economy
US stocks remained steady on Wednesday ahead of a key update on consumer prices, with futures on the Dow Jones, S&P 500, and Nasdaq 100 hovering around the flatline. Investors are cautiously optimistic about the US economy's strength and the Federal Reserve's interest rate policies, with the Consumer Price Index release set to impact market sentiment.
The Guardian
15. Mai 2024 um 13:19

US inflation at 3.4% in April, dropping slightly from previous month

Economy
Politics
US inflation eased slightly in April with the consumer price index rising at an annual rate of 3.4%, down from the previous month. The Federal Reserve has been trying to bring down inflation to 2%, but price gains have remained stubbornly high, hindering rate cuts.
CoinDesk
15. Mai 2024 um 12:42

U.S. CPI Softer Than Expected at 0.3% in April; Bitcoin Rises to $63.7K

Finance
Economy
The U.S. CPI in April rose by 0.3%, lower than expectations, indicating a slight easing in inflation. Bitcoin's price surged to $63,700 following the report release. The report also showed small declines in other areas, leading to a positive market reaction.
Yahoo Finance
15. Mai 2024 um 12:59

Yahoo Finance

Economy
Finance
US consumer price increases in April showed a slight deceleration, with the Consumer Price Index rising 0.3% over the previous month and 3.4% over the prior year. Inflation pressures eased as the prices rose at the slowest pace in three months, meeting economist expectations.
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