Last week’s release of the March CPI report revealed that inflation remains on its downward path. Headline inflation has dropped materially, falling from 9% last summer to 5% in March, driven in large part by a drop in oil and food prices. Core inflation, which excludes volatile energy and food costs and serves as the more structural measure of inflation upon which the Fed bases monetary policy, rose by an expected 0.4% from the previous month, putting inflation at 5.6% annual rate. This is down from the peak of 6.6% seen in September 2022, but still a long way from the Fed’s 2% long-term target.
Weekly Update
Facebook
Twitter
LinkedIn
Pinterest
Latest posts
Actionable Insight – April
April 25, 2024
No Comments
Weekly Newsletter – 29th March , 2024
March 29, 2024
No Comments
Weekly Newsletter – 22nd March , 2024
March 22, 2024
No Comments
Actionable Insight – March
March 16, 2024
No Comments
Weekly Newsletter – 3rd May , 2024
May 3, 2024
No Comments
Actionable Insight – April
April 25, 2024
No Comments
Weekly Newsletter – 29th March , 2024
March 29, 2024
No Comments
Weekly Newsletter – 22nd March , 2024
March 22, 2024
No Comments
Actionable Insight – March
March 16, 2024
No Comments