Inflation reports this week….
I expect inflation to have risen fractionally. Nothing goes straight up or down.
I’m hoping Trump’s economic policies energize the stock market with deregulation and tax cuts….We’ll see.
WEDNESDAY, NOVEMBER 13
9:30 AM
USD Consumer Price Index (MoM) (Oct)
0.2% 0.00 0.2% 0.2%
9:30 AM
USD Consumer Price Index (YoY) (Oct)
2.6% 0.00 2.6% 2.4%
9:30 AM
USD Consumer Price Index Core s.a (Oct)
321.67 - - 320.76
9:30 AM
USD Consumer Price Index ex Food & Energy (MoM) (Oct)
0.3% 0.00 0.3% 0.3%
9:30 AM
USD Consumer Price Index ex Food & Energy (YoY) (Oct)
3.3% 0.00 3.3% 3.3%
9:30 AM
USD Consumer Price Index n.s.a (MoM) (Oct)
315.664 0.24 315.59 315.301
The latest data from the Bureau of Labor Statistics released Wednesday morning showed that the Consumer Price Index (CPI) increased 2.6% over the prior year in October, a slight uptick from September's 2.4% annual gain in prices. The yearly increase matched economist expectations.
The index rose 0.2% over the previous month, matching the increase seen in September and also on par with economist estimates.