According to the US Bureau of Labor Statistics, February’s core Consumer Price Index (CPI) –– which excludes food and energy –– came in hotter than expected, with a month-over-month increase of 0.4% and a 3.8% year-over-year jump. The core inflation rate rose due to a sizable increase in the shelter category: 5.7% on an unadjusted annual basis.
Yahoo Finance Reporter Alexandra Canal joins the Live show to discuss the core CPI numbers and their impact on US futures and the Federal Reserve’s future policy decisions.
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Rate increase in June.
Thx Ant right on God Bless
Core inflation includes real estate. So, duh. Mortgage rates are going up.
That what there telling us I bet it’s higher
Powell took his foot off the gas. So dumb. I was calling it the entire time. He needed to keep the rate hikes for at least another full percent.
why is inflation promoted as good? people starve at 24,000 per day in poor countries due to rising food cost
Hi
Sticky Inflation Report.
Is this "sticky" inflation the transitory one Jellen was talking about a few years ago?
Thought for years the CPI was worthless for individuals. Because peoples spending are different. What I did was make a list of non-discretionary spending and realized my personal CPI, which include gas and food, was far higher the government CPI.
Stagflation is the worst of all scenarios and that's where we are. STAGFLATION!
first
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