Reports on unemployment and the consumer price index for October are unlikely to be released due to the government shutdown, White House Press Secretary Karoline Leavitt said https://t.co/ggNruSwpIh ...

Core Insights - The controversy surrounding Thanksgiving dinner pricing highlights the complexities of measuring inflation, emphasizing the use of broad-based indexes over individual prices [1][2][5] - Walmart's Thanksgiving meal deal, priced under $4 per person, is the lowest since 2021, but comparisons to previous years are complicated by changes in the number of items included [1][3][5] - President Trump leveraged Walmart's pricing to argue that his administration's policies reduced living costs, contrasting with criticisms of the current administration's economic management [1][3][5] Economic Implications - Experts advocate for broad-based consumer price indexes to provide a clearer picture of living costs, rather than focusing on individual item prices [2][7] - The Consumer Price Index (CPI) is up 3% over the past year, with grocery prices specifically rising by 2.7%, which is above the Federal Reserve's target of 2% inflation [8] Political Context - Trump's assertion that Thanksgiving dinner costs 25% less than the previous year has been challenged by fact-checkers, noting that the meal deal's composition has changed significantly [3][5] - The White House supported its economic narrative with data from DoorDash, indicating a 14% decrease in a breakfast basics index since March, although the overall index was only down 1.7% over the past year [6][8]

#数据 越南：10月出口总额420.5亿美元，同比增17.5%（预期19.5%）；-大米出口34.4万吨，同比降56.2%（前10月降7.5%）；-前10月咖啡出口130万吨，同比增13.4%；10月进口总额同比增16.8%（预期19.3%）；工业生产指数同比升10.8%（前值13.6%）;消费者价格同比涨3.25%（预期3.5%）。 ...

RT St. Louis Fed (@stlouisfed)The consumer price index tracks the prices of rent, insurance, imports and administrative fees, among other things. The producer price index tracks exports, government purchases, business investments and intermediate goods. Check the FRED Blog for more https://t.co/HfmiyMSLIS https://t.co/RNEXA4GwkE ...

In this less dynamic and somewhat softer labor market, the downside risks to employment appear to have risen in recent months. Inflation has eased significantly from its highs in mid 2022, but remain somewhat elevated relative to our 2% longerrun goal. Estimates based on the consumer price index suggest that total PCE prices rose 2.8% 8% over the 12 months ending in September and that excluding the volatile food and energy categories, core PCE prices rose 2.8% as well.These readings are higher than earlier ...

Traders in a $7 trillion market are grappling with the unprecedented scenario of having to price securities tied to US inflation without any consumer price data https://t.co/nSdGu3uNQ8 ...

Market Overview - The market is heavily focused on individual company earnings due to the government shutdown limiting macro data [1] - Averages rose due to strong company numbers and a mild CPI report, with the Dow closing above 47,000 for the first time [2] - The S&P 500 had its 34th record close [2] - The NASDAQ increased by 1.15% [2] Economic Outlook - The market anticipates a 0.25% (quarter point) rate cut by the Fed, potentially driven by a stalling economy [2] - Larger layoffs are emerging, exemplified by announcements from Target and Applied Materials [3] - The Consumer Price Index (CPI) report was tame enough to potentially justify a rate cut [3] Earnings Season Focus - The upcoming week is crucial due to the peak of earnings season, considered more important than usual [1]

Economic Outlook - Treasury Secretary Scott Bessent expressed confidence in the U.S. economy, highlighting key deflationary trends and tax policy changes that are positively impacting working Americans [1][2] - Bessent anticipates that 2026 and 2027 will be strong years for the economy, attributing this to recent tax reforms enacted by President Trump [2] Tax Reforms and Disposable Income - The recent tax reforms include no taxes on tips, overtime, and Social Security, as well as the deductibility of auto loans for American cars, which are expected to boost real income [2] - Many workers have kept their withholding levels unchanged, leading to substantial tax refunds in the first quarter of next year, which will increase disposable income [3][4] Inflation and Consumer Price Index - Bessent stated that the administration has the affordability crisis, referred to as "Biden inflation," under control, with energy prices decreasing [5] - The Consumer Price Index (CPI) is expected to show a downward trend in the coming months, with the September report delayed but anticipated to impact Federal Reserve interest rate decisions [5][6] - A significant increase in the number of CPI components experiencing price surges was noted, rising from 55% a year ago to 72%, primarily due to Trump's tariffs [6]

It's a September surprise. Monthly consumer price inflation came in a tick lower than forecast last month for both headline and core, up 3/10 and 2/10. Housing, food and car costs were remarkably restrained.The government's measure of home prices rose at the slowest pace since January 2021. The White House hailed the numbers and analysts say it confirms the Fed will cut rates again. But annual inflation is still rising, both core and headline up 3% over the past 12 months.The Fed's target is 2%. Furniture, ...

Core Insights - Inflation significantly impacts household expenses, with the Consumer Price Index (CPI) being a crucial economic indicator [1] - The CPI is divided into eight categories, with food, shelter, and clothing accounting for over 60% of the index [2] - Medical care and housing have seen the fastest price growth, each increasing over 100% since 2000, while apparel has only grown about 4% [4] CPI Component Analysis - Transportation exhibits high volatility, primarily driven by motor fuel prices, which affects overall transportation costs [5] - Energy costs are integrated into housing and transportation expenses rather than being a standalone category, with energy accounting for 6.216% of total expenditures [6][7] - College tuition and fees have increased nearly 200% since 2000, significantly impacting budgets for families with college-bound students [8] Core Inflation Metrics - Core inflation, which excludes food and energy, is closely monitored by economists and policymakers, with a cumulative change of 85.6% since 2000 [11][12] - As of September 2025, the annualized rate of change for headline CPI is 3.01%, while core CPI is at 3.02% [12] Household Impact of Inflation - The effects of inflation vary widely among households, with lower-income families and those with high transportation or medical costs being particularly vulnerable [15][16] - Inflation volatility disproportionately affects households with limited budgets, making discretionary spending challenging [16]