PPI Inflation Is Tame, But Airfares Ground S&P 500 Rally Ahead Of …

Core PPI inflation, which strips out food and energy prices, ran at 0.0% on the month and 3.5% from a year ago. ... PPI Inflation Is Tame, But Airfares Ground S&P 500 Rally Ahead Of CPI ...

0%
OFF

PPI Inflation Is Tame, But Airfares Ground S&P 500 Rally Ahead Of …

2 weeks from now

Core PPI inflation, which strips out food and energy prices, ran at 0.0% on the month and 3.5% from a year ago. ... PPI Inflation Is Tame, But Airfares Ground S&P 500 Rally Ahead Of CPI ...

msn.com

2%
OFF

CPI Inflation Perks Up, Sinking Odds Of Big Fed Rate Cut; S&P 500 ...

2 weeks from now

Sep 11, 2024 · They expect a 2% dip in the PPI measure of airfares to help hold down core inflation. S&P 500 The S&P 500 fell more than 1% in morning trade but finished 1.1% higher in …

investors.com

5%
OFF

Why Experts Aren’t Panicking About The Latest Jump In Producer …

2 weeks from now

May 14, 2024 · The producer price index, a measure of the prices manufacturers and service providers receive for the goods they sell, jumped 0.5% in April, topping the consensus 0.3% …

yahoo.com

2%
OFF

Wholesale Inflation Eases Again, PPI Shows, Ahead Of Fed Interest …

2 weeks from now

Sep 12, 2024 · Big picture: The rate of inflation is getting closer to the Federal Reserve's 2% annual goal, putting the central bank on track to cut interest rates for the first time since the …

morningstar.com

3%
OFF

Core CPI Inflation Stuck Above 3%, But Fed Rate Cut Odds Rise; …

2 weeks from now

Nov 13, 2024 · That would lift the 12-month core inflation rate to 2.8%, which means the Fed projection of 2.6% core inflation in Q4 may prove too low. Pantheon still expects a quarter …

investors.com

34%
OFF

PPI Airfares Undershoot CPI Again - Bonds & Currency News

2 weeks from now

Apr 13, 2023 · PPI airfares again of note, displaying much less of the strength seen in CPI airfares (remembering that PPI feeds into PCE). PPI airfares increased 1.34% M/M in March …

marketnews.com

1%
OFF

Tame CPI Inflation In October Puts S&P 500 Rally Back In Gear ...

2 weeks from now

Nov 14, 2023 · The S&P 500 dipped 0.1% on Monday following a 7.2% surge in the past two weeks. The rally has come as the 10-year Treasury yield pulled back after peaking just under …

investors.com

2%
OFF

Jump In Jobless Claims, Soft PPI Lift Fed Rate-Cut Odds; S&P 500 …

2 weeks from now

Jun 13, 2024 · The overall producer price index for final demand fell 0.2% on the month, way below +0.1% forecasts. The PPI rose 2.2% from a year ago, undercutting 2.5% estimates.

investors.com

4%
OFF

CPI Inflation Rate May Be Bump In The Road For S&P 500 Rally

2 weeks from now

Nov 13, 2023 · The consumer price index may show that the core inflation rate remains stuck above 4%. That may give investors pause after a big S&P 500 rally.

investors.com

FAQs about PPI Inflation Is Tame, But Airfares Ground S&P 500 Rally Ahead Of … Coupon?

What happened to the S&P 500 after PPI data?

S&P 500 futures dipped 0.1% after the PPI data. On Monday, the S&P 500 finished a hair below the flat line. Last week, the S&P 500 rallied 1.85%, powering back above its 50-day moving average. The S&P 500 is just 0.6% below its all-time closing high on March 28. ...

What is PPI inflation & how has it changed over the past 12 months?

Over the past 12 months, PPI inflation has run 3.3%, in line with 3.3% estimates and up from (a revised) 3% in November. Core PPI inflation, which strips out food and energy prices, ran at 0.0% on the month and 3.5% from a year ago. Wall Street expected readings of 0.2% and 3.4%. ...

Will a 2% dip in airfares help hold down core inflation?

They expect a 2% dip in the PPI measure of airfares to help hold down core inflation. The S&P 500 fell more than 1% in morning trade but finished 1.1% higher in Wednesday stock market action after the August CPI inflation data. The S&P 500, after falling 4.25% last week, has climbed 2.7% so far this week, reclaiming its 50-day moving average. ...

What happened to the S&P 500 after the CPI report?

The S&P 500 shook off early morning selling and powered higher following the CPI report as investors weighed the implications for next week's Federal Reserve meeting. The overall consumer price index rose 0.2% on the month, matching forecasts. The 12-month CPI inflation rate fell to 2.5% from 2.9% in July, below 2.6% expectations. ...

When will PPI data be released?

PPI data out Thursday at 8:30 a.m. will allow economists to sharpen their estimates for August's core PCE price index, which will be released on Sept. 27. In the 12 months through July, core PCE inflation ran at a 2.6% rate, well below the 3.2% core CPI inflation rate. ...

Will a 2% dip in PPI help hold down core inflation?

After Wednesday's CPI, Nomura economist Aichi Amemiya and colleagues are still forecasting a tame 0.13% monthly rise in the core PCE price index. They expect a 2% dip in the PPI measure of airfares to help hold down core inflation. ...