U.S. Core Inflation Comes in Subdued, Easing Pressure on Fed
The consumer price index, excluding often-volatile food and energy categories, increased 0.2% from a month earlier, according to Bureau of Labor Statistics data out Wednesday.
The consumer price index, excluding often-volatile food and energy categories, increased 0.2% from a month earlier, according to Bureau of Labor Statistics data out Wednesday.
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Why it matters
The subdued U.S. core inflation print is a key monetary-policy signal that eases pressure on the Federal Reserve's rate decisions, directly impacting borrowing costs and credit conditions for sophisticated finance professionals.
Sources
CPA Practice Advisor
U.S. Core Inflation Comes in Subdued, Easing Pressure on Fed
The consumer price index, excluding often-volatile food and energy categories, increased 0.2% from a month earlier, according to Bureau of Labor Statistics data out Wednesday.