#corecpi — Public Fediverse posts

U.S. CPI Inflation Falls To 2.7% YoY, Bitcoin Price Climbs

The CPI data release was bullish for BTC — Source: CoinGape U.S. CPI inflation fell to 2.7% in…
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https://www.newsbeep.com/uk/323895/

1 CIBC: Some good news for #JayPowell for a change – #pricepressures remained subdued in April, coming in a tick below consensus. #Core #CPI prices rose 0.24% m/m in the month and the three-month annualized #coreCPI came down almost a percentage point to 2.1%. 🧵 #inflation #USEconomy #Fed

The latest Eurozone Core CPI (YoY) for October held steady at 2.7%, exceeding the consensus of 2.6%. The overall CPI (MoM) increased by 0.3%, reversing the previous decline of -0.1%. Additionally, the CPI (YoY) rose to 2.0%, surpassing the consensus estimate of 1.9% and up from 1.7% in the previous month.

#Eurozone #CPI #CoreCPI #Inflation #EconomicData #MonetaryPolicy #Finance

Eurozone inflation data for September shows Core CPI holding at 2.7% YoY, matching forecasts. Headline CPI fell to 1.7% YoY, slightly below the expected 1.8%, with a -0.1% MoM change. Trade balance for August came in at €4.6B, missing the €17.8B estimate and dropping sharply from the previous €21.2B. The data shows weaker inflation pressures and a decline in trade surplus.

#Eurozone #Inflation #CPI #TradeBalance #CoreCPI

The US inflation data for September; Core CPI (MoM) came in at 0.3%, above the consensus of 0.2%. On a yearly basis, Core CPI hit 3.3%, surpassing the expected 3.2%. Headline CPI (MoM) matched the previous month at 0.2%, beating the forecast of 0.1%. Year-over-year, headline CPI eased to 2.4%, slightly above the forecasted 2.3% but down from 2.5%.

#US #CPI #Inflation #CoreCPI #Fed

Today, the US CPI & Core CPI data for September are in focus. Core CPI is expected to remain at 3.2% YoY, with a monthly ease to 0.2% (prev. 0.3%). Headline inflation is projected to decline from 2.5% to 2.3% YoY, with a monthly drop to 0.1% (prev. 0.2%). If data meets expectations, it could pave the way for a 25 bps rate cut in Nov. Jobless claims are expected at 1,830K (ongoing) and 231K (initial). If these also align, markets may see a brief rally. #CPI #CoreCPI #JoblessClaims #Inflation #US

US Inflation Eases With 0.1% Drop in June; Biden Faces Gas Reserve Accusations - The U.S. consumer price index (CPI) fell by 0.1% in June. The decline, primarily d... - https://news.bitcoin.com/us-inflation-eases-with-0-1-drop-in-june-biden-faces-gas-reserve-accusations/ #bureauoflaborstatistics #bidenadministration #electioninfluence #gasolinereserves #federalreserve #economics #gasprices #inflation #bitcoin #corecpi #u.s.cpi

#US #inflation eased in June with annual CPI at 3.0% (prev: 3.3%) and a monthly decline of 0.1%. Core CPI, excluding volatile items, rose 3.3% YoY but slowed MoM to 0.1%. Fed Chair #Powell suggests nearing rate decisions amid persistent inflation challenges. #CPI #CoreCPI #Fed

The upcoming #US April #inflation report holds significant global implications. Median forecasts project a 0.3% increase in #CoreCPI, pulling the annual rate down to 3.6%. A low inflation data might increase bets on a #Fed #ratecut in July, while a high data could delay cuts.

Bitcoin Price Prediction as Core Inflation Data is Announced – Can BTC Blast Past $30,000? - The Bitcoin (BTC) price is little moved in the mid-$29,000s in wake of the latest core US... - https://cryptonews.com/news/bitcoin-price-prediction-as-core-inflation-data-announced-can-btc-blast-past-30000.htm #priceprediction #bitcoinnews #bitcoin #corecpi #btc