The recent US inflation report has sparked debates. The Bureau of Labor Statistics (BLS) had to fill in missing data for October and November. They used old numbers and estimates to complete the picture. The BLS admitted they didn't collect new data for October. They also had trouble gathering all
John Williams, the head of the New York Federal Reserve, recently talked about how November's inflation numbers might not be entirely accurate. He pointed out that some technical issues messed with the data. Because of problems collecting data in October and early November, the numbers for November
Prices went up, but not as much as experts thought they would in November. This gave investors a glimmer of hope that inflation might be slowing down. The consumer price index (CPI) showed a 2. 7% annual increase, which was lower than the predicted 3. 1%. Even when you take out the wobbly prices of
Bitcoin's price is currently hovering around $109, 000, but experts can't agree on what's next. Some see this as a time of waiting, with the market stuck between hope and caution. The U. S. Consumer Price Index (CPI) release is seen as a key event that could shake things up. A small increase in CPI
The stock market is buzzing with anticipation for this week's key events. Traders are keeping a close eye on Friday's consumer price index (CPI) release. This report, usually a major market mover, was delayed due to the government shutdown but remains crucial for understanding inflation trends. Inf
Imagine you're on a road trip, and your GPS tells you that you've finally reached your destination. But as you're celebrating, you realize that the GPS has been reading the wrong coordinates. That's roughly the situation with the US economy. The inflation rate has slowed down, but the underlying fac
This week's inflation report is set to be a market-mover, especially after last week's less-than-stellar job report. Could it spark a chain reaction, hurting the tech sector, particularly in semiconductors? The Fed is walking a tightrope. Inflation is slowing, and the labor market is softening, put
