US Inflation Still Hanging Around

January 11, 2024 00:05:27
US Inflation Still Hanging Around
Digital Finance Analytics (DFA) Blog
US Inflation Still Hanging Around

Jan 11 2024 | 00:05:27

/

Show Notes

The US Bureau of Labor Statistics just released their December 2023 inflation read which showed the consumer price index increased 3.4% in the year through December, the most in three months and on a monthly basis, it also rose by more than forecast. The shift up was driven by Americans paying more for housing and driving, challenging investor bets that the Federal Reserve will cut interest rates soon. Used-car prices increased for a second month, defying expectations for a decline. The CPI excluding food and energy rose 0.3% in December from a month earlier. On an annual basis, the so-called […]

Other Episodes

Episode 0

April 13, 2020 00:33:50
Episode Cover

More From The Property Market Front Line With Edwin Almeida [Podcast]

Edwin and I discuss the latest. https://www.ribbonproperty.com.au/

Listen

Episode

March 28, 2024 00:09:45
Episode Cover

Pressure: Retail Spending Stagnates, Despite “Growth” In Wealth!

The ABS released more data on Thursday from which we can deduce that despite some headline growth in spending thanks to the Taylor Swift...

Listen

Episode 0

July 14, 2021 00:24:12
Episode Cover

The Uncertainty Principle: The DFA Daily 14th July 2021 [Podcast]

The latest edition of our finance and property news digest with a distinctively Australian flavour. In today’s show we unpick the latest US CPI...

Listen